Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system (CNS) active agents. Its structure allows for further functionalization, making it valuable in creating compounds with potential antidepressant, antipsychotic, or analgesic properties. Commonly employed in research settings for the preparation of tetralin-based derivatives that exhibit biological activity. Also utilized in the manufacture of fine chemicals and specialty organic compounds where brominated cyclic ketones are required.