This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its unique spirocyclic structure makes it a valuable intermediate in the creation of compounds targeting neurological disorders, such as anxiety and depression, due to its potential interaction with neurotransmitter systems. Additionally, it is explored in the development of analgesics and anti-inflammatory agents, leveraging its ability to modulate biological pathways. The compound’s hydrochloride form enhances its solubility, making it suitable for various experimental and formulation studies.