Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of neuroactive compounds and central nervous system agents. Its structure supports the construction of complex indole-based molecules, which are common in bioactive molecules and drug candidates. Commonly employed in medicinal chemistry for building constrained peptidomimetics and exploring structure-activity relationships in receptor-targeted drugs. Also utilized in research settings for the preparation of novel psychoactive substance analogs and as a scaffold in asymmetric synthesis.