Used primarily in organic synthesis as an intermediate for the production of various pharmaceuticals and agrochemicals. It serves as a key building block in the development of complex molecules, particularly in the creation of compounds with potential biological activity. Its bromine atom makes it a valuable reagent for further functionalization through cross-coupling reactions, such as Suzuki or Heck reactions, which are essential in drug discovery and material science. Additionally, it can be employed in the synthesis of ligands for catalysis or as a precursor for specialty chemicals in research and industrial applications.