Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of serotonin receptor modulators and other neuroactive compounds. Its structure supports the construction of complex indole-based molecules found in bioactive agents. Commonly employed in medicinal chemistry for drug discovery programs targeting central nervous system disorders. Also utilized in the preparation of analogs for structure-activity relationship (SAR) studies due to the reactive bromo and carboxylic acid functional groups that allow further derivatization.