Used in pharmaceutical research as a structural analog of indole-based compounds, particularly in the development of kinase inhibitors and anti-inflammatory agents. Shows potential in modulating cellular signaling pathways due to its ability to interact with specific enzyme targets. Also investigated for anticonvulsant and neuroprotective properties in preclinical studies. Its conjugated system allows for strong binding interactions in biological systems, making it valuable in structure-activity relationship (SAR) studies for drug design.