This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical agents. Its structure, featuring a spirocyclic framework, is particularly valuable in the development of drugs targeting the central nervous system. It is often employed in the creation of compounds that interact with neurotransmitter receptors, potentially leading to treatments for neurological disorders such as anxiety, depression, and schizophrenia. Additionally, its unique chemical properties make it a suitable candidate for further modification, enabling researchers to explore a wide range of therapeutic applications. The hydrochloride form enhances its solubility, facilitating its use in experimental and formulation processes.