This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly those targeting central nervous system disorders. It serves as a key intermediate in the production of antipsychotic and antidepressant medications, where its structural properties enable effective binding to specific receptors in the brain. Additionally, it is employed in the development of agrochemicals, including herbicides and pesticides, due to its ability to disrupt biochemical pathways in target organisms. Its bromo and chloro substituents enhance its reactivity, making it a valuable building block in organic synthesis for creating complex molecules with specific biological activities.