This chemical is primarily utilized in organic synthesis as a versatile intermediate for the preparation of more complex indole derivatives. Its structure, featuring both tert-butyl and methyl ester groups, makes it a valuable building block in the development of pharmaceuticals, particularly in the synthesis of compounds with potential biological activity. The tert-butyl group provides steric protection, aiding in selective reactions, while the methyl ester can be further modified or hydrolyzed to carboxylic acids. It is often employed in the construction of indole-based scaffolds, which are crucial in drug discovery for targeting various diseases, including cancer and neurological disorders. Additionally, it serves as a precursor in the synthesis of agrochemicals and other fine chemicals, where indole moieties play a significant role.