This compound is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of various bioactive molecules. Its structure, featuring a fluoro-substituted indane core, makes it valuable for designing compounds with potential therapeutic effects, particularly in the fields of neurology and psychiatry. Researchers explore its use in creating drugs that target central nervous system disorders, such as depression, anxiety, or neurodegenerative diseases. Additionally, its unique chemical properties allow for further modifications, enabling the development of novel compounds with optimized efficacy and selectivity. It is also studied for its potential application in the synthesis of small-molecule inhibitors or modulators of specific biological pathways.