Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the production of beta-keto ester derivatives. Its high reactivity due to the presence of bromo and chloro substituents allows for selective substitution reactions, making it valuable in building complex organic molecules. Commonly employed in the development of antibiotics, antifungal agents, and active ingredients in crop protection products. Also utilized in research laboratories for heterocycle formation and functional group transformations.