This compound is primarily utilized in the field of organic synthesis, particularly in the development of complex molecules. It serves as a key intermediate in the preparation of biologically active compounds, including pharmaceuticals and agrochemicals. Its structure, featuring an indole core, makes it valuable for constructing molecules with potential therapeutic properties, such as inhibitors or modulators of specific biological targets. Additionally, it is employed in research settings for studying chemical reactions and mechanisms involving indole derivatives, contributing to advancements in medicinal chemistry and drug discovery.