This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various biologically active molecules. Its structure serves as a building block for the development of pharmaceutical agents, particularly those targeting central nervous system disorders. Researchers leverage its pyrrolopyridine core to design compounds with potential therapeutic effects, such as kinase inhibitors or modulators of neurotransmitter activity. Additionally, it finds application in the synthesis of heterocyclic compounds used in drug discovery programs, where its scaffold is modified to enhance binding affinity and selectivity for specific biological targets. Its versatility makes it a valuable tool in the creation of novel drug candidates.