Used primarily in organic synthesis, this compound serves as an intermediate in the development of pharmaceuticals and bioactive molecules. Its nitro group and indole backbone make it valuable in constructing nitrogen-containing heterocycles, which are common in medicinal chemistry. It is also employed in the synthesis of dyes and fluorescent probes due to its aromatic structure and electron-modulating substituents. Additionally, it finds use in research settings for developing novel compounds with potential antitumor, antimicrobial, or anti-inflammatory activity.