Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) active compounds. Its structure serves as a building block for creating biologically active molecules, including potential nootropics and agents targeting neurological disorders. Commonly employed in medicinal chemistry research for constructing indole-based scaffolds known for their receptor affinity and bioavailability. Also utilized in the preparation of analogs for structure-activity relationship (SAR) studies.