Widely used in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling, this compound serves as a key intermediate for introducing the indole moiety into complex molecules. Its boronate ester group allows for efficient and selective bond formation with aryl or heteroaryl halides, making it valuable in pharmaceutical and agrochemical research. The tert-butyl carbamate-protected indole nitrogen ensures stability during reactions and can be deprotected under mild acidic conditions when needed. This compound is especially useful in the development of bioactive molecules, including drug candidates targeting neurological disorders, inflammation, and cancer.