This chemical is primarily utilized in organic synthesis, particularly in the construction of complex molecules. It serves as a key intermediate in the development of pharmaceuticals, especially in the synthesis of indole-based compounds. The boronic acid moiety enables its use in Suzuki-Miyaura cross-coupling reactions, a widely employed method for forming carbon-carbon bonds. This makes it valuable in the production of biologically active molecules, including potential drug candidates. Additionally, its tert-butoxycarbonyl (Boc) and methoxycarbonyl protecting groups enhance its stability and reactivity during multi-step synthetic processes, allowing for precise modifications in medicinal chemistry research.