This compound is primarily utilized in the field of pharmaceutical research and development, particularly in the synthesis of peptide-based drugs. It serves as a key intermediate in the production of complex molecules that target specific biological pathways. Its structure, featuring a tert-butoxycarbonyl (Boc) protecting group and an indole moiety, makes it valuable for constructing peptides with enhanced stability and bioavailability. Researchers often employ it in the development of therapeutic agents for neurological disorders, cancer, and other diseases where peptide modulation is crucial. Additionally, its chiral nature allows for the creation of enantiomerically pure compounds, which is essential for ensuring the efficacy and safety of pharmaceutical products.