This compound is primarily utilized in the field of medicinal chemistry, where it serves as a key intermediate in the synthesis of various pharmacologically active molecules. Its structural framework is particularly valuable in the development of compounds targeting the central nervous system, including potential treatments for neurological disorders such as depression, anxiety, and schizophrenia. Additionally, its carbazole core is often explored for its potential anti-inflammatory and anticancer properties, making it a subject of interest in drug discovery and development research. The dimethylamino group further enhances its reactivity, allowing for modifications that can lead to the creation of novel therapeutic agents with improved efficacy and selectivity.