This compound is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly in the synthesis of indole-based compounds. Its structure is valuable for creating potential drug candidates, especially in the fields of oncology and neurology, where indole derivatives are explored for their therapeutic properties. Additionally, it is used in the study of enzyme inhibition and receptor binding, aiding in the discovery of new treatments for complex diseases. Its halogenated indole core makes it a versatile building block for constructing more complex chemical architectures in medicinal chemistry.