Used in pharmaceutical research as a key intermediate in the synthesis of kinase inhibitors, particularly for cancer treatment. Shows potential in targeting tyrosine kinases involved in tumor growth and cell proliferation. Also explored for its anti-inflammatory properties due to structural similarity to known bioactive indole derivatives. Employed in the development of targeted therapies where selective inhibition of specific signaling pathways is required. Commonly utilized in structure-activity relationship (SAR) studies to optimize drug candidates for improved potency and selectivity.