This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological disorders. Its structural framework is often incorporated into the development of potential therapeutic agents, such as enzyme inhibitors or receptor modulators, due to its unique spirocyclic and triazole components. Additionally, it has been explored in the design of novel compounds for treating conditions like anxiety, depression, and other central nervous system-related ailments. Its hydrochloride form enhances solubility, making it more suitable for formulation and testing in biological systems. Researchers also investigate its role in optimizing drug-like properties, including stability and bioavailability, during the drug discovery process.