Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in reactions involving palladium-catalyzed cross-coupling such as Sonogashira and Suzuki couplings. Its bromo and trifluoropropynyl functional groups allow for selective modifications, making it valuable in building complex fluorinated organic molecules. The presence of the trifluoropropynyl group enhances metabolic stability and lipophilicity in bioactive compounds, which is advantageous in drug design. It is also employed in materials science for developing fluorinated conjugated systems used in organic electronics.