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 tryptophan derivatives, which are essential for developing drugs targeting neurological disorders. The Boc-protected amino group ensures selective reactivity during peptide coupling reactions, making it valuable in peptide synthesis. Additionally, the methoxyindole moiety contributes to its application in creating serotonin analogs, which are studied for their potential in treating depression and anxiety. Its role in medicinal chemistry is significant for designing and optimizing bioactive compounds.