Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. Its structure supports the design of compounds with enhanced binding affinity and selectivity toward specific enzyme targets. Commonly employed in medicinal chemistry for constructing indole-based scaffolds found in bioactive molecules. Also utilized in research settings to explore new drug candidates targeting neurological disorders and inflammation due to its ability to cross the blood-brain barrier and modulate receptor activity.