This chemical is primarily utilized in organic synthesis as a key intermediate for the production of various biologically active compounds. It serves as a building block in the development of pharmaceuticals, particularly in the creation of drugs targeting neurological disorders and anti-inflammatory conditions. Additionally, it is employed in the synthesis of agrochemicals, including pesticides and herbicides, due to its structural versatility. In research, it is used to study reaction mechanisms and develop novel organic molecules with potential therapeutic or industrial applications. Its indole core structure makes it valuable in the design of compounds with specific biological activities.