Used primarily in pharmaceutical research as a structural analog of tryptophan and indole derivatives, this compound serves as a key intermediate in the synthesis of bioactive molecules. It shows potential in the development of kinase inhibitors and anti-inflammatory agents due to its ability to interact with cellular signaling pathways. Its amide and indole functionalities make it suitable for modifying peptide-like structures to enhance metabolic stability and receptor binding affinity. Additionally, it has been explored in the design of antitumor and antimicrobial compounds, where the scaffold contributes to improved selectivity and potency. Ongoing studies focus on optimizing its derivatives for use in neuropharmacology, particularly targeting serotonin-related receptors.