Used primarily in organic synthesis, it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its nitro and indole groups make it a versatile building block for creating complex molecules. In medicinal chemistry, it is employed to develop compounds with potential anti-inflammatory, antimicrobial, and anticancer properties. Additionally, it is utilized in research to study enzyme inhibition and receptor binding due to its structural properties. Its applications also extend to the synthesis of dyes and pigments, contributing to the development of colorants for industrial use.