This compound is primarily utilized in organic synthesis as a key intermediate for the preparation of more complex indole derivatives. Its structure, featuring both a bromo and ester functional group, makes it a versatile building block in the development of pharmaceuticals and agrochemicals. Specifically, it is often employed in the synthesis of biologically active molecules, such as potential drug candidates targeting various diseases. Additionally, it can be used in the construction of heterocyclic compounds, which are valuable in medicinal chemistry due to their diverse pharmacological properties. The compound’s reactivity also allows for further functionalization, enabling researchers to tailor its properties for specific applications in drug discovery and development.