Benzcyclane is primarily used in the pharmaceutical industry as a central nervous system (CNS) agent. It is known for its neuroprotective and nootropic properties, making it valuable in the treatment of cognitive disorders and memory enhancement. The compound is often explored for its potential to improve cerebral circulation and protect brain cells from damage caused by oxidative stress or ischemia. Additionally, it has been studied for its anxiolytic effects, offering potential benefits in managing anxiety-related conditions. Research continues to investigate its broader therapeutic applications in neurodegenerative diseases and mental health disorders.