This compound is primarily utilized in biochemical research, particularly in the study of enzyme mechanisms and receptor interactions. It serves as a key intermediate in the synthesis of more complex molecules that are often explored for their potential pharmacological properties. Researchers employ it to investigate the role of specific amino acid derivatives in cellular signaling pathways, especially those involving indole-based structures. Additionally, it is used in the development of novel therapeutic agents targeting neurological disorders, given its structural similarity to naturally occurring neurotransmitters. Its bromo-indole moiety makes it a valuable tool in the design of probes for studying protein-ligand interactions and enzyme activity.