Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of complex organic molecules, particularly in pharmaceutical and agrochemical research. Its structure allows for selective functionalization of aromatic systems, making it valuable in the development of bioactive compounds and advanced materials. The presence of both bromine atoms and a boronic acid group enables sequential coupling reactions, facilitating the construction of biaryl and heterobiaryl frameworks commonly found in drug candidates.