Used as a key intermediate in the synthesis of pharmaceuticals and biologically active compounds, particularly in the development of serotonin receptor modulators and other neuroactive agents. Its structure serves as a building block for indole-based derivatives, which are common in medicinal chemistry due to their affinity for central nervous system targets. It is also employed in the preparation of novel compounds for research in oncology, psychiatry, and inflammation. The bromo functional group allows for further modifications via cross-coupling reactions, making it valuable in structure-activity relationship (SAR) studies and drug discovery pipelines.