Used in research as a structural analog of bisindolylmethane compounds, which exhibit biological activity including anti-inflammatory, anticancer, and antimicrobial properties. Shows potential in studies related to apoptosis induction in cancer cells and modulation of signaling pathways such as NF-κB and STAT3. Also investigated for its antioxidant effects and ability to interact with cellular receptors involved in cell proliferation and differentiation. Commonly employed in the development of novel therapeutic agents and as a scaffold in medicinal chemistry for designing derivatives with enhanced bioactivity.