Used in pharmaceutical research as a key intermediate in the synthesis of bioactive compounds targeting neurological and inflammatory pathways. Shows potential in modulating serotonin-related receptors due to the indole moiety, making it relevant for developing agents that influence mood, sleep, and pain perception. Its structural features support binding to enzyme active sites involved in signal transduction, particularly in studies focused on central nervous system disorders. Also explored in the design of anti-inflammatory agents owing to the pyrazolone ring’s known pharmacological profile. Currently investigated in preclinical studies for optimizing lead compounds with improved metabolic stability and target selectivity.