Widely used in organic synthesis, it serves as a key intermediate for constructing complex indole-based compounds. Its applications extend to pharmaceutical research, where it aids in the development of potential drug candidates, particularly in the exploration of anticancer and antimicrobial agents. Additionally, it is utilized in material science for the design of organic semiconductors and fluorescent dyes, owing to its unique electronic properties. The compound’s versatility also makes it valuable in agrochemical research for creating novel pesticides and herbicides. Its halogenated structure allows for further functionalization, enabling the creation of diverse derivatives for various industrial and scientific purposes.