This compound is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of biologically active molecules, particularly those targeting neurological and oncological disorders. Its structure, featuring an indole moiety, makes it valuable for designing inhibitors of specific enzymes or receptors involved in disease pathways. Researchers often employ it in the development of potential drug candidates, leveraging its ability to interact with biological targets due to its unique stereochemistry and functional groups. Additionally, it is used in studies exploring the structure-activity relationship (SAR) to optimize the efficacy and selectivity of therapeutic agents.