This compound is primarily used in pharmaceutical research as a key intermediate in the synthesis of complex molecules, particularly those targeting neurological disorders. Its unique spirocyclic structure makes it valuable for developing drugs that interact with specific receptors in the brain, potentially aiding in the treatment of conditions like anxiety, depression, or cognitive impairments. Additionally, it serves as a building block in organic chemistry for creating novel compounds with potential therapeutic applications. Its hydrochloride form ensures stability and solubility, making it suitable for experimental and industrial processes.