This compound is primarily utilized in biochemical research due to its structural similarity to tryptophan, an essential amino acid. It serves as a precursor or intermediate in the synthesis of various biologically active molecules, including peptides and alkaloids. Researchers employ it to study enzyme mechanisms, particularly those involving tryptophan metabolism or indole-containing compounds. Its indole ring structure makes it valuable in the development of pharmaceuticals, such as serotonin analogs or potential therapeutic agents targeting neurological disorders. Additionally, it is explored in the field of organic chemistry for the design of novel compounds with potential antioxidant or anti-inflammatory properties.