Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of serotonin receptor modulators and other central nervous system (CNS) active agents. Its indole core structure is common in bioactive molecules, making it valuable in medicinal chemistry for constructing drug candidates targeting neurological disorders. The tert-butyl carbamate (Boc) group provides protection during multi-step syntheses, allowing selective reactions at other functional sites. The hydroxymethyl and methyl substituents enhance structural diversity and can influence binding affinity and metabolic stability in final drug compounds. Commonly employed in research settings for generating analogs in structure-activity relationship (SAR) studies.