Used in pharmaceutical research as a key intermediate in the synthesis of bioactive indole derivatives. Commonly employed in the development of serotonin receptor modulators and other neuroactive compounds. Its bromo functional group allows for further cross-coupling reactions, making it valuable in constructing complex molecules for drug discovery. Also utilized in the preparation of tryptamine and tryptophan analogs with potential antitumor, antiviral, or psychotropic activity. Frequently appears in studies involving palladium-catalyzed coupling reactions to expand molecular diversity in medicinal chemistry.