Used in organic synthesis as an intermediate for pharmaceuticals and bioactive compounds. Particularly valuable in the development of serotonin receptor modulators and other central nervous system agents. Serves as a building block in the preparation of indole-based drug candidates, including those with potential antitumor, antiviral, and neuroactive properties. Its bromine functionality allows for further cross-coupling reactions, enabling structural diversification in medicinal chemistry research. Commonly employed in the synthesis of tryptamine and tryptophan derivatives.