This compound is primarily utilized in organic synthesis as a key intermediate in the development of pharmaceuticals, particularly in the synthesis of indole-based compounds. Its structure, featuring a trifluoromethyl group and an indole moiety, makes it valuable for creating molecules with potential biological activity, such as enzyme inhibitors or receptor modulators. The tert-butyl carbamate group serves as a protective group for amines, enabling selective reactions in complex synthetic pathways. It is often employed in drug discovery research to explore new therapeutic agents targeting various diseases, including cancer and neurological disorders.