Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals due to the presence of reactive aldehyde and halogenated aryl groups. The aldehyde functionality allows for condensation reactions, enabling the formation of Schiff bases or α,β-unsaturated systems, useful in drug development. The bromo and chloro substituents facilitate cross-coupling reactions such as Suzuki or Heck reactions, making it valuable in building complex organic molecules. Also employed in the preparation of heterocyclic compounds and functionalized furans with potential biological activity. Its structure supports research in medicinal chemistry for designing kinase inhibitors or anti-inflammatory agents.