Used in organic synthesis as an intermediate for pharmaceuticals and bioactive compounds. Its structure supports derivatization for use in developing serotonin receptor modulators and other neuroactive agents. Commonly employed in research settings to construct indole-based scaffolds with potential antidepressant or antipsychotic activity. Also applied in the preparation of fluorescent probes due to the indole core’s favorable photophysical properties. Suitable for use in medicinal chemistry for lead optimization in drug discovery programs.