This compound is primarily utilized in pharmaceutical research and development due to its unique spirocyclic structure, which is valuable in drug design. It serves as a key intermediate in the synthesis of various bioactive molecules, particularly those targeting the central nervous system. Its structural features make it suitable for creating compounds with potential therapeutic applications, such as neuroprotective agents or treatments for neurological disorders. Additionally, it is used in the development of small molecule inhibitors that can modulate specific biological pathways, contributing to advancements in medicinal chemistry. Its hydrochloride form enhances solubility, making it more practical for use in experimental and formulation processes.