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 building block in medicinal chemistry, often employed to create molecules with potential therapeutic effects. It is commonly used in the design of compounds targeting central nervous system disorders, such as anxiety, depression, and neurodegenerative diseases. Additionally, its hydrochloride form enhances solubility, making it suitable for various experimental and formulation processes in drug discovery. Researchers also explore its application in developing enzyme inhibitors and receptor modulators due to its structural versatility.