Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated organic compounds with enhanced metabolic stability and bioavailability. Its structure supports the construction of complex molecules in medicinal chemistry, especially in the design of central nervous system agents and anti-inflammatory drugs. The presence of fluorine atoms improves binding selectivity and resistance to oxidative degradation, making it valuable in optimizing drug candidates. Also employed in research settings to explore new synthetic pathways involving indanone scaffolds.