Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the preparation of receptor ligands and bioactive molecules. Its reactive bromine groups allow for selective substitutions in organic reactions, making it valuable in building complex aromatic compounds. Commonly employed in the development of GABA receptor modulators and other central nervous system agents. Also utilized in the production of flame retardants due to the presence of bromine, contributing to thermal stability and reduced flammability in certain polymers.