This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure, featuring a fluorine atom and a methyl group on the indole ring, makes it particularly valuable for the development of biologically active molecules. It is often employed in the synthesis of compounds with potential therapeutic applications, such as serotonin receptor modulators and other neuroactive agents. Additionally, its unique properties are leveraged in the creation of advanced materials and specialty chemicals used in research and industrial processes.