Used as a chiral building block in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents. Its enantiomerically pure amine group allows for selective interactions in drug design, making it valuable in creating serotonin and dopamine receptor modulators. Commonly employed in asymmetric synthesis to introduce stereochemistry in complex molecules. Also utilized in the preparation of intermediates for neurodegenerative disease treatments, including Parkinson’s and Alzheimer’s research. Its rigid indane scaffold enhances binding specificity and metabolic stability in active compounds.