Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of serotonin receptor agonists and other neuroactive agents. The Boc (tert-butoxycarbonyl) and benzyloxy protecting groups allow selective reactivity at specific positions during multi-step syntheses. Commonly employed in the preparation of indole-based drug candidates, especially those targeting central nervous system disorders. Its protected functionality enables compatibility with a variety of reaction conditions, making it valuable in medicinal chemistry and process development.