Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for selective functionalization, making it valuable in constructing biologically active molecules. Commonly employed in cross-coupling reactions to form C–C bonds in drug discovery programs. Also utilized in the preparation of serotonin receptor modulators and other neuroactive agents. Its bromine moiety facilitates palladium-catalyzed reactions, enabling efficient derivatization in medicinal chemistry research.