This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. Its structure, featuring both indole and carboxylic acid groups, makes it a versatile building block for developing pharmaceutical agents, particularly those targeting neurological and oncological disorders. Researchers often employ it in the design of small molecule inhibitors or modulators that interact with specific enzymes or receptors, leveraging its fluorine atoms to enhance binding affinity and metabolic stability. Additionally, it is explored in the development of fluorescent probes for biochemical assays, owing to its potential photophysical properties. Its applications extend to agrochemical research, where it serves as a precursor for compounds with potential pesticidal or herbicidal activity.