Used as an intermediate in the synthesis of pharmaceuticals and biologically active compounds. It serves as a building block in the development of serotonin receptor modulators and other neuroactive agents. Its bromo and methyl functional groups allow for selective cross-coupling reactions, making it valuable in medicinal chemistry for creating analogs in drug discovery programs. Also employed in the preparation of fluorescent probes and dyes due to the indole core’s inherent photophysical properties. Commonly utilized in research settings for developing potential anticancer, antimicrobial, and anti-inflammatory agents.