Used in organic synthesis as an intermediate for pharmaceuticals and bioactive compounds. Its structure supports the development of indole-based derivatives with potential medicinal properties, including anti-inflammatory and anticancer activities. Commonly employed in research settings to design new heterocyclic compounds for drug discovery. Also utilized in the preparation of fluorescent probes and dyes due to the indole core’s photophysical characteristics. Shows utility in agrochemical research for developing plant growth regulators and pesticides.