Used primarily as a key intermediate in the synthesis of advanced organic materials and pharmaceuticals. Its structure supports conjugation and aromatic interactions, making it valuable in the development of organic semiconductors and optoelectronic devices. It is also employed in research settings for the preparation of ligands in catalytic systems and in the construction of complex polyaryl architectures via cross-coupling reactions. Due to the presence of the bromine moiety, it serves as a versatile handle for palladium-catalyzed transformations such as Suzuki or Heck couplings, enabling the formation of biaryl and styrene derivatives important in medicinal chemistry.