This chemical is primarily utilized in the field of peptide synthesis, where it serves as a key building block for the creation of complex peptide structures. Its fluorenylmethoxycarbonyl (Fmoc) protecting group is particularly valuable in solid-phase peptide synthesis (SPPS), as it allows for the selective deprotection of amino acids during the stepwise assembly of peptides. The 2,3-dihydro-1H-inden-2-yl (indane) moiety in its structure can contribute to the stabilization of peptide conformations or interactions with biological targets. It is often employed in the development of peptide-based pharmaceuticals, where precise control over amino acid sequence and structure is critical. Additionally, it may be used in research applications to study peptide-protein interactions or to design novel bioactive compounds with potential therapeutic applications.