Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system agents. It serves as a building block for certain nootropic and neuroprotective drugs due to its structural similarity to compounds that modulate cognitive function. Its amine and chloro-functionalized chroman core allows for selective derivatization, making it valuable in medicinal chemistry for creating novel analogs with potential antioxidant and anti-inflammatory properties. Also explored in research settings for designing serotonin receptor modulators.