This compound is primarily utilized in the field of medicinal chemistry and drug development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological disorders. Its structural features make it valuable for designing compounds that interact with serotonin receptors, which are implicated in conditions such as depression, anxiety, and migraines. Additionally, it is used in research to study the role of indole derivatives in modulating neurotransmitter systems, aiding in the development of novel therapeutic agents. Its fluorine substitution enhances its metabolic stability, making it a promising candidate for further pharmacological exploration.