Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of neuroactive compounds and central nervous system (CNS) agents. Its structure supports the construction of complex heterocyclic systems found in bioactive molecules. Commonly employed in medicinal chemistry for building pyrrolopyridine scaffolds, which are present in drugs targeting neurological disorders, including antidepressants and cognitive enhancers. Also utilized in research settings for structure-activity relationship (SAR) studies due to its rigid, stereochemically defined core.