This compound is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of biologically active molecules, particularly those targeting neurological and psychiatric disorders. Its indole core structure is significant in the design of compounds that interact with serotonin receptors, making it valuable in the study of mood regulation and mental health therapies. Additionally, it is used in the synthesis of complex natural products and as a building block for the creation of novel drug candidates. Its bromo-substitution allows for further functionalization, enabling the exploration of diverse chemical modifications for enhanced biological activity.