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 and a fluorine substituent, makes it valuable for developing compounds with potential antidepressant, anxiolytic, or antipsychotic properties. Researchers also explore its use in designing enzyme inhibitors and receptor modulators due to its ability to interact with specific biological targets. Additionally, it is studied for its potential role in the development of novel treatments for conditions like depression, anxiety, and other central nervous system-related disorders.