Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its spirocyclic structure makes it valuable in developing drugs targeting neurological disorders, such as antidepressants and antipsychotics. Additionally, it is explored for its potential in creating compounds with anti-inflammatory and analgesic properties. The hydrochloride form enhances its solubility, facilitating its use in experimental formulations and drug delivery systems. Researchers also investigate its role in modulating specific receptors, contributing to advancements in medicinal chemistry.