Used as a key intermediate in the synthesis of advanced organic materials, particularly in the preparation of chiral ligands and catalysts for asymmetric synthesis. Its sterically hindered structure makes it valuable in controlling stereoselectivity during catalytic reactions, especially in pharmaceutical and fine chemical manufacturing. Commonly employed in cross-coupling reactions, it enables the formation of complex biaryl systems found in bioactive molecules. Its bromine functionality allows for further functionalization via palladium-catalyzed transformations, enhancing its utility in medicinal chemistry and materials science.