Used as an intermediate in organic synthesis, particularly in the development of pharmaceuticals targeting neurological disorders and cancer. It serves as a building block for indole-based compounds that exhibit kinase inhibitory activity, which is important in signal transduction modulation. Also employed in the preparation of bioactive molecules and functionalized heterocycles for drug discovery research. Its bromo and ketone functional groups allow for further chemical modifications through cross-coupling reactions and nucleophilic additions, making it valuable in medicinal chemistry and the design of small molecule therapeutics.