Used in pharmaceutical research as a structural analog for serotonin receptor modulators. Shows potential in the development of central nervous system agents, particularly for studying anxiety, depression, and neurodegenerative disorders. Its indole core with piperidine substitution allows for high affinity binding to 5-HT receptors, making it a valuable scaffold in medicinal chemistry for designing novel psychoactive compounds. Also investigated for use in radiolabeled forms to map brain receptor distribution.