Used in the synthesis of pharmaceuticals, particularly in the development of compounds with potential therapeutic effects. It serves as a key intermediate in the production of indole-based drugs, which are often explored for their anti-inflammatory, anticancer, and antimicrobial properties. Additionally, it finds application in organic chemistry research as a building block for constructing complex molecules, aiding in the study of chemical reactions and mechanisms. Its versatility makes it valuable in the design and optimization of new drug candidates.