Used primarily in organic synthesis as a reagent for introducing the 2-bromoacetyl group into molecules, which is valuable in the preparation of various pharmaceuticals and agrochemicals. It serves as an intermediate in the synthesis of complex organic compounds, particularly in the development of biologically active molecules. Additionally, it is employed in research settings for studying enzyme inhibition and modifying peptides or proteins to explore their structure-activity relationships. Its reactivity makes it useful in cross-coupling reactions and as a building block in medicinal chemistry.