Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the creation of potential drug candidates targeting neurological disorders and cancer. Researchers utilize it to develop novel indole-based compounds that may exhibit therapeutic properties. Additionally, it finds application in organic synthesis for constructing complex heterocyclic frameworks, which are essential in medicinal chemistry. Its halogenated indole core makes it a versatile building block for designing molecules with enhanced binding affinity and selectivity.