Widely used in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its indole core structure makes it valuable for developing potential drug candidates, particularly in the fields of oncology and neurology. Researchers utilize it to create compounds that may target specific enzymes or receptors involved in disease pathways. Additionally, it finds application in agrochemical research for designing novel pesticides or herbicides. Its halogenated structure enhances its reactivity, making it a versatile building block in organic synthesis. In material science, it contributes to the development of specialized polymers or dyes with unique properties.