This compound is primarily utilized in the field of pharmaceutical research and development. It serves as a key intermediate in the synthesis of various biologically active molecules, particularly those targeting neurological disorders and cancer. Its pyrrolopyridine core structure is often incorporated into compounds designed to interact with specific enzymes or receptors in the body, making it valuable for drug discovery. Additionally, it is employed in the creation of novel heterocyclic compounds, which are explored for their potential therapeutic properties. Its applications are largely confined to laboratory settings, where it is used to develop and optimize new drug candidates.