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 for constructing indole-based scaffolds that enhance binding affinity and selectivity in drug candidates. Also utilized in research settings to develop novel analogs for structure-activity relationship studies.