This chemical is primarily utilized in pharmaceutical research and development due to its unique spirocyclic structure, which is often explored for its potential biological activity. It is commonly investigated as a precursor or intermediate in the synthesis of novel drug candidates, particularly those targeting the central nervous system. The benzopyran moiety within its structure makes it a subject of interest in the development of compounds with potential anti-inflammatory, analgesic, or neuroprotective properties. Additionally, its hydrochloride form enhances solubility, making it suitable for various in vitro and in vivo studies. Researchers also explore its application in the design of small molecules for studying receptor interactions and enzyme inhibition, contributing to advancements in medicinal chemistry.