Used in organic synthesis as a versatile intermediate for constructing complex aromatic compounds. It is particularly valuable in cross-coupling reactions, such as Suzuki or Sonogashira couplings, to form biaryl structures or substituted aromatic systems. The presence of both bromine and iodine atoms allows for selective functionalization, enabling chemists to build molecules with precision. It is also employed in pharmaceutical research for developing drug candidates, as well as in material science for creating advanced polymers or organic electronic materials. The compound’s stability and reactivity make it a useful tool in laboratory settings for exploring new chemical pathways.