This chemical is primarily utilized in organic synthesis as a versatile intermediate for the development of more complex molecules. Its structure, featuring both a bromo and carboxylate group, makes it valuable in coupling reactions, particularly in palladium-catalyzed cross-coupling processes, which are essential in pharmaceutical and agrochemical research. Additionally, the tert-butyl ester group provides stability and can be selectively deprotected, allowing for further functionalization. It is also employed in the synthesis of indole derivatives, which are key components in many biologically active compounds, including drugs targeting neurological and oncological disorders.