This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of bioactive molecules. Its spirocyclic structure makes it a valuable intermediate in the creation of compounds with potential therapeutic applications, such as antimicrobial or antiviral agents. Researchers often explore its derivatives for their ability to interact with biological targets, including enzymes or receptors, due to its unique chemical framework. Additionally, it may serve as a building block in the design of novel drugs aimed at treating neurological disorders or infections. Its hydrochloride form enhances solubility, making it more suitable for experimental studies in aqueous environments.