This chemical is primarily utilized in the field of medicinal chemistry and pharmacology due to its structural similarity to tryptophan, a crucial amino acid in biological systems. It serves as a key intermediate in the synthesis of various pharmaceutical compounds, particularly those targeting neurological and psychiatric disorders. Its indole moiety makes it a valuable building block for developing serotonin receptor modulators, which are essential in treating conditions like depression, anxiety, and migraines. Additionally, its chiral nature allows for the creation of enantiomerically pure drugs, enhancing therapeutic efficacy and reducing side effects. Researchers also explore its potential in designing enzyme inhibitors and probes for studying biochemical pathways related to neurotransmitter regulation.