This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the development of various pharmaceuticals. Its structure, featuring both bromo and fluoro substituents on the indole ring, makes it particularly valuable for constructing complex molecules, especially in the synthesis of biologically active compounds. Researchers often employ it in the preparation of potential drug candidates, particularly those targeting neurological disorders and cancer. Additionally, its unique reactivity allows for further functionalization, enabling the creation of diverse chemical libraries for high-throughput screening in drug discovery.