This compound is primarily utilized in research and development within the field of medicinal chemistry. It serves as a key intermediate in the synthesis of various pharmaceutical agents, particularly those targeting neurological disorders. Its structure, featuring a bromo and methyl-substituted phenyl group, makes it a valuable building block for creating molecules with potential therapeutic effects. Additionally, it is explored in the study of enzyme inhibition and receptor modulation, contributing to the development of drugs for conditions like depression, anxiety, and other CNS-related diseases. Its application is also seen in organic synthesis for constructing complex molecules with specific biological activities.