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 unique bicyclic structure makes it a valuable building block for designing drugs with enhanced binding affinity and selectivity. Researchers often employ it in the development of novel therapeutics for conditions such as depression, anxiety, and chronic pain. Additionally, its hydrochloride form improves solubility, facilitating its use in experimental formulations and drug delivery systems. Its application extends to the study of receptor interactions and the optimization of pharmacokinetic properties in drug candidates.