This compound is primarily used in the synthesis of complex organic molecules, particularly in pharmaceutical research. It serves as a key intermediate in the production of peptide-based drugs, where its structure is valuable for incorporating indole moieties into larger molecules. The tert-butoxycarbonyl (Boc) protecting group ensures selective reactions during synthesis, making it useful in multi-step processes. Its application is significant in developing compounds with potential biological activity, such as enzyme inhibitors or receptor modulators. Additionally, it is employed in medicinal chemistry for the design and optimization of drug candidates targeting neurological and oncological disorders.