Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of selective serotonin reuptake inhibitors (SSRIs) and other central nervous system agents. Its structure supports the creation of bioactive molecules with enhanced metabolic stability and receptor binding affinity. Commonly employed in medicinal chemistry for constructing indole-based drug candidates targeting neurological and psychiatric disorders. Also utilized in research settings to develop novel analogs for structure-activity relationship (SAR) studies.