Widely used in biochemical and pharmacological research as a key intermediate in the synthesis of serotonin analogs and related neuroactive compounds. It serves as a building block for developing compounds that modulate serotonin receptors, which are involved in mood, cognition, and sleep regulation. Commonly employed in studies exploring neurological pathways and in the development of potential treatments for disorders such as depression, anxiety, and migraines. Its structure allows for selective modification to enhance receptor binding and bioavailability in experimental drug design.