This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its structure, featuring an indole ring, makes it valuable for developing serotonin receptor modulators, which are crucial in treating conditions like depression, anxiety, and migraines. Additionally, its fluoro-substituted indole core is often explored for its potential in creating novel therapeutic agents with enhanced metabolic stability and bioavailability. Researchers also investigate its applications in designing drugs for neurodegenerative diseases due to its ability to interact with specific neurotransmitter systems.