Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated and brominated aromatic compounds. Its functional groups enable selective reactions for building complex molecules in drug discovery. Commonly employed in the preparation of bioactive compounds, including antimicrobial and anti-inflammatory agents. Also utilized in agrochemical synthesis for creating novel pesticides with enhanced activity and stability. The presence of both bromo and fluoro substituents allows for further cross-coupling reactions, making it valuable in medicinal chemistry research.