Used in organic synthesis as an intermediate for pharmaceuticals, particularly in the development of bioactive molecules and medicinal agents targeting neurological and inflammatory conditions. Its indole scaffold is valuable in drug design due to structural similarity to serotonin and other neurotransmitters. Commonly employed in the preparation of nitroaromatic compounds for research in anticancer and antimicrobial activities. Also utilized in the study of metabolic pathways and enzyme inhibition due to its ability to interact with biological receptors and enzymes.