Used primarily as an intermediate in the synthesis of pharmaceuticals and bioactive compounds, particularly in the development of serotonin receptor modulators. Its structure supports the creation of complex indole-based molecules with potential neurological activity. It is also employed in research settings to explore new pathways in medicinal chemistry, especially in studies related to central nervous system disorders. Due to the bromo and methyl functional groups, it serves as a versatile building block in cross-coupling reactions, enabling the formation of diverse aromatic derivatives for drug discovery and optimization.