This compound is primarily utilized in organic synthesis and pharmaceutical research as a key intermediate for the development of more complex molecules. Its structure, featuring both a bromo and a carboxylate group, makes it a versatile building block for constructing indole-based compounds, which are often explored for their biological activities. It is particularly valuable in medicinal chemistry for synthesizing potential drug candidates targeting various diseases, including cancer and neurological disorders. Additionally, its cyclopropyl group can be leveraged to enhance the stability and specificity of the resulting compounds. Researchers also employ it in the study of structure-activity relationships to optimize the efficacy and safety of new therapeutic agents.