Used in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds, particularly in the development of kinase inhibitors and antimicrobial agents. Shows potential in the design of novel drugs targeting inflammatory diseases and certain cancers due to its structural similarity to indole-based natural products. Also employed in the study of enzyme inhibition, especially in monoamine oxidase (MAO) and cyclin-dependent kinase (CDK) pathways. Its derivatives are explored for enhanced solubility and binding affinity in drug candidates.