Used primarily in research settings as a structural analog in the development of serotonin receptor modulators. Its polycyclic framework makes it valuable in studying central nervous system pathways, particularly those related to mood and perception. It serves as a precursor in the synthesis of psychoactive compounds and is investigated for potential applications in neuropharmacology. Due to its structural similarity to tryptamines and other indole alkaloids, it is employed in the exploration of novel psychoactive substances and their interactions with neural receptors. Its use is restricted to laboratory and analytical research, with no approved medical or industrial applications at this time.