Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of serotonin receptor modulators and other central nervous system agents. Its structure supports the creation of bioactive molecules with potential applications in treating neurological and psychiatric disorders. Commonly employed in medicinal chemistry for constructing indole-based compounds with enhanced metabolic stability and binding affinity. Also utilized in research settings to explore new drug candidates targeting pain, depression, and neurodegenerative conditions.