This chemical is primarily utilized in organic synthesis, particularly in the development of complex indole derivatives. Its structure, featuring both bromo and iodo substituents, makes it a versatile intermediate for cross-coupling reactions, such as Suzuki or Sonogashira couplings, which are essential in the construction of pharmaceuticals and agrochemicals. Additionally, the tert-butyl carboxylate group provides a protective function for the indole nitrogen, enabling selective modifications to the indole core. This compound is often employed in medicinal chemistry research to create potential drug candidates, especially those targeting neurological disorders or cancer, due to the biological significance of indole scaffolds. Its reactivity and protective group strategy make it a valuable tool in synthetic organic chemistry.