This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of biologically active molecules. It serves as a key intermediate in the creation of compounds targeting neurological and psychiatric disorders, such as anxiety, depression, and schizophrenia. Its spirocyclic structure is valuable for designing molecules that interact with specific receptors in the brain, such as serotonin or dopamine receptors. Additionally, it is employed in medicinal chemistry for the development of novel drugs with improved efficacy and reduced side effects. Its hydrochloride form enhances stability and solubility, making it suitable for various experimental and formulation processes.