This compound is primarily utilized in the field of medicinal chemistry and pharmacology. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its spirocyclic structure makes it a valuable scaffold for developing drugs with enhanced binding affinity and selectivity. Researchers often employ it in the design of potential therapeutic agents for conditions such as depression, anxiety, and other central nervous system-related ailments. Additionally, its hydrochloride form improves solubility, facilitating its use in experimental formulations and drug delivery systems.