Used in the synthesis of pharmaceutical compounds, particularly in the development of drugs targeting neurological disorders and cancer. It serves as a key intermediate in the production of indole-based molecules, which are known for their biological activity. Additionally, it is employed in organic chemistry research to create complex heterocyclic structures for studying structure-activity relationships in medicinal chemistry. Its applications also extend to the development of agrochemicals, where it contributes to the design of novel pesticides and herbicides.