This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate or building block in the synthesis of various biologically active molecules. Its spirocyclic structure makes it valuable in the design of compounds targeting specific enzymes or receptors, particularly in neurological and psychiatric disorders. Researchers often employ it to develop potential therapeutic agents for conditions like depression, anxiety, and neurodegenerative diseases. Additionally, its unique chemical framework is explored in the creation of novel pharmaceuticals with improved efficacy and selectivity. The hydrochloride salt form enhances its stability and solubility, facilitating its use in experimental and industrial applications.