Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and fine chemicals. Its reactive bromine group allows for coupling reactions, such as Suzuki or Ullmann reactions, enabling the construction of complex aromatic structures. Also employed in the development of dyes and UV absorbers due to its phenolic structure, which provides stability and light absorption properties. Additionally, it has been explored in the synthesis of antioxidants and bioactive molecules owing to the triol functionality, which can participate in hydrogen bonding and chelation.