Primarily utilized in pharmaceutical research, this compound serves as a crucial intermediate in the synthesis of various bioactive molecules. Its unique spirocyclic structure makes it valuable for developing novel therapeutic agents, particularly in the field of central nervous system (CNS) disorders. Researchers leverage its properties to create potential drug candidates targeting neurological conditions such as anxiety, depression, and cognitive impairments. Additionally, its application extends to medicinal chemistry, where it aids in the design and optimization of compounds with enhanced efficacy and selectivity. The hydrochloride form ensures improved solubility and stability, facilitating its use in experimental formulations and preclinical studies.