Primarily utilized in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its bicyclic structure is particularly valuable in the development of central nervous system (CNS) drugs, where it contributes to the modulation of neurotransmitter activity. Additionally, it finds application in the creation of antispasmodic and analgesic agents, aiding in the treatment of muscle spasms and pain management. The hydrochloride form enhances its solubility, making it more suitable for formulation in medicinal chemistry. Researchers also explore its potential in designing novel therapeutic agents targeting neurological disorders, leveraging its unique chemical framework to improve drug efficacy and specificity.