This chemical is primarily utilized in organic synthesis, particularly in the development of complex molecules for pharmaceutical research. It serves as a versatile intermediate in the construction of indole-based compounds, which are often explored for their biological activities. Researchers employ it in the synthesis of potential drug candidates, especially those targeting neurological disorders and cancer, due to the indole scaffold's prevalence in bioactive molecules. Additionally, it is used in the preparation of fluorescent dyes and imaging agents, leveraging its halogenated structure for further functionalization. Its role in cross-coupling reactions also makes it valuable in material science for creating advanced organic materials.