Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system agents. Its structure supports binding to neurological receptors, making it valuable in creating analogs for antidepressant or anxiolytic drugs. The trifluoroacetamide group enhances metabolic stability, while the indane backbone contributes to lipophilicity, improving blood-brain barrier penetration. Commonly employed in medicinal chemistry research for optimizing lead compounds in neuropharmacology.