This chemical is primarily utilized in the field of medicinal chemistry and pharmaceutical research. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting specific enzymes or receptors. Its indole core structure makes it valuable for developing potential drug candidates, especially in the treatment of neurological disorders and cancer. Researchers also explore its derivatives for their potential anti-inflammatory and antimicrobial properties. Additionally, it is used in the study of structure-activity relationships (SAR) to optimize the efficacy and selectivity of new therapeutic agents.