This compound is primarily utilized in the field of medicinal chemistry and pharmacology due to its structural similarity to tryptophan, an essential amino acid. It serves as a key intermediate in the synthesis of various bioactive molecules, particularly those targeting neurological disorders. Researchers have explored its potential in developing serotonin receptor modulators, which are crucial for treating conditions like depression, anxiety, and migraines. Additionally, its indole moiety makes it a valuable building block for designing drugs that interact with enzymes and receptors involved in neurotransmitter regulation. Its applications also extend to studying biochemical pathways related to serotonin synthesis and metabolism, providing insights into brain function and mental health.