This chemical is primarily used in organic synthesis and research applications. It serves as a versatile intermediate in the development of complex organic compounds, particularly in pharmaceutical and agrochemical industries. Its structure, containing both bromine and iodine substituents, makes it suitable for various cross-coupling reactions, such as Suzuki or Sonogashira reactions, which are essential in creating carbon-carbon bonds. Additionally, it is utilized in the synthesis of advanced materials and specialty chemicals, where its halogenated aromatic ring plays a key role in modifying properties or enabling further functionalization. Its application is also seen in the study of reaction mechanisms and the development of new catalytic processes.