This compound is primarily utilized in the field of organic synthesis, particularly in the development of complex indole derivatives. Its structure, featuring both an indole ring and a bromo substituent, makes it a valuable intermediate for constructing biologically active molecules. It is often employed in the synthesis of pharmaceuticals, especially those targeting neurological and psychiatric disorders, as indole derivatives are known to interact with serotonin receptors. Additionally, it serves as a precursor in the preparation of fluorescent dyes and probes used in biochemical research, owing to its ability to form stable, luminescent compounds. Its applications also extend to material science, where it is used to develop novel organic electronic materials.