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 and cardiovascular disorders. Its structural framework is often incorporated into compounds designed to interact with specific receptors or enzymes in the body, aiding in the development of potential therapeutic agents. Additionally, it is explored in the study of chiral molecules, where its stereochemistry plays a crucial role in optimizing drug efficacy and reducing side effects. Researchers also investigate its potential applications in the development of novel antidepressants and anxiolytics due to its amine functionality and chroman core, which are common features in such drug classes.