This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals and bioactive molecules. Its spirocyclic structure makes it valuable for designing compounds with specific stereochemical properties, which are crucial in drug development. Additionally, it is employed in the research and development of central nervous system (CNS) targeting agents due to its ability to interact with neurotransmitter systems. Its hydrochloride form enhances solubility, making it more suitable for experimental and industrial applications.