Used in pharmaceutical research as an intermediate in the synthesis of biologically active indole derivatives. Its structure supports the development of compounds with potential neurological and anti-inflammatory effects. Commonly employed in medicinal chemistry for constructing complex heterocyclic systems. Also utilized in the preparation of selective receptor ligands and enzyme inhibitors. The bromo and ester functional groups allow for further chemical modifications through cross-coupling reactions and hydrolysis, making it valuable in drug discovery and development.