Used primarily as an intermediate in organic synthesis, this compound serves in the preparation of pharmaceuticals and agrochemicals. Its bromo and methoxy functional groups allow for selective cross-coupling reactions, making it valuable in constructing complex aromatic systems. It is also employed in the development of bioactive molecules, where the sulfonate group acts as a leaving group to facilitate substitution reactions. Commonly utilized in research settings for building blocks in medicinal chemistry, especially in the synthesis of kinase inhibitors and receptor modulators.