This chemical is primarily utilized in organic synthesis, particularly in the development of complex molecules. It serves as a key intermediate in the preparation of various indole derivatives, which are significant in pharmaceutical research. The tert-butoxycarbonyl (Boc) protecting group allows for selective reactions at other sites of the molecule, making it valuable in multi-step synthetic processes. Additionally, its bromo and aldehyde functional groups provide reactive sites for further modifications, enabling the construction of diverse heterocyclic compounds. These compounds are often explored for their potential biological activities, including as drug candidates for treating diseases such as cancer and neurological disorders.