Used primarily in pharmaceutical research as an intermediate in the synthesis of bioactive compounds. Shows potential in the development of anticancer agents due to its structural similarity to indole-based inhibitors that affect cell proliferation. Also investigated for its role in targeting topoisomerase enzymes, which are critical in DNA replication and repair. Its derivatives are explored for antimicrobial and anti-inflammatory properties, making it a scaffold of interest in medicinal chemistry. Limited to lab-scale applications; not used in consumer products or industrial processes.