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 disorders such as depression, anxiety, and migraine. Commonly employed in medicinal chemistry research for constructing indole-based scaffolds known for their pharmacological activity. Also utilized in the preparation of analogs for structure-activity relationship (SAR) studies to optimize drug candidates.