Used primarily as a key intermediate in the synthesis of pharmaceuticals and bioactive compounds, particularly in the development of serotonin receptor modulators and other neuroactive agents. Its structure supports the construction of complex indole-based molecules, making it valuable in medicinal chemistry research. Commonly employed in the preparation of tryptamine and tryptophan derivatives, it plays a role in studies related to central nervous system disorders. Also utilized in the creation of fluorescent probes and labeled compounds for biochemical assays due to the reactivity of the bromine moiety, which allows for further functionalization via cross-coupling reactions.