This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of more complex molecules. Its structure, featuring a fluoro-substituted indane ring, makes it valuable for the development of pharmaceuticals, particularly in the synthesis of compounds with potential therapeutic effects. Researchers often employ it in the creation of drug candidates targeting neurological disorders, due to its ability to interact with specific biological receptors. Additionally, its unique chemical properties make it suitable for use in material science, where it can be incorporated into the design of advanced organic materials with specific electronic or optical characteristics. Its versatility in synthesis and potential applications in both medicinal chemistry and material science highlight its importance in various research and industrial processes.