Used in pharmaceutical research as an intermediate in the synthesis of bioactive indole derivatives. Shows potential in the development of central nervous system agents due to structural similarity to serotonin and melatonin analogs. Employed in studies exploring anti-inflammatory, neuroprotective, and antidepressant effects. Also utilized in the preparation of fluorescent probes for biochemical imaging owing to its indole backbone. Commonly found in synthetic routes for tryptamine-related compounds and psychoactive substance analogs for forensic and pharmacological analysis.