This chemical is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its structure, featuring an indole core with cyano and carboxylate functional groups, makes it a valuable intermediate in the creation of compounds targeting various biological pathways. It is often employed in the development of small molecule inhibitors, especially those aimed at enzymes or receptors involved in diseases such as cancer, inflammation, or neurological disorders. The presence of the iodophenyl group enhances its potential for further functionalization, enabling the creation of diverse derivatives for screening and optimization. Its application is critical in medicinal chemistry for designing potent and selective therapeutic agents.