Indicophose is a non-existent word, and it is not found in dictionaries. However, if we break down the word, we can see that it consists of three parts - 'indico', 'ph' (which is usually used to represent the 'f' sound), and 'ose'. 'Indico' is derived from the Latin 'Indicum', meaning indigo, and is pronounced /ɪnˈdaɪkəʊ/. The 'ph' in 'phose' is silent, so it is pronounced like the word 'ose', which is pronounced /oʊs/. Therefore, using IPA phonetic transcription, 'indicophose' would be pronounced /ɪnˈdaɪkəʊˌoʊs/.
A phose of blue color.
A practical medical dictionary. By Stedman, Thomas Lathrop. Published 1920.