Used in organic synthesis as a key intermediate for the development of pharmaceutical compounds, particularly in the creation of indole-based drugs. Its structure is valuable in medicinal chemistry for designing molecules with potential therapeutic effects, such as anti-inflammatory, antiviral, or anticancer properties. Additionally, it serves as a building block in the synthesis of complex heterocyclic compounds, which are essential in drug discovery and development processes. Its tert-butyl ester group provides stability and reactivity, making it suitable for further chemical modifications.