Used primarily in organic synthesis as an intermediate for pharmaceuticals and bioactive compounds. Its structure supports the development of indole-based derivatives, which are common in medicinal chemistry. Commonly employed in the preparation of serotonin receptor ligands and kinase inhibitors. Also utilized in research settings to synthesize analogs for biological evaluation, particularly in neuroscience and oncology studies. Suitable for use in cross-coupling reactions due to the presence of the bromo substituent, enabling further functionalization.