This compound is primarily utilized in the field of medicinal chemistry as a building block or intermediate in the synthesis of more complex molecules. Its unique spirocyclic structure makes it valuable for designing and developing new pharmaceutical agents, particularly those targeting neurological disorders. Researchers often explore its potential in creating compounds that interact with specific receptors or enzymes in the brain, which could lead to treatments for conditions like depression, anxiety, or neurodegenerative diseases. Additionally, its hydrochloride form enhances solubility, making it easier to handle and incorporate into various chemical reactions during drug development processes.