This chemical is primarily utilized in organic synthesis as an intermediate for the development of more complex molecules. Its unique structure, featuring both bromine and chlorine substituents, makes it valuable in cross-coupling reactions, which are essential in pharmaceutical and agrochemical research. It can also serve as a building block in the synthesis of biologically active compounds, particularly in the creation of potential drug candidates targeting specific enzymes or receptors. Additionally, its reactivity allows for further functionalization, enabling the production of diverse chemical entities for material science applications.