Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated organic compounds. Its bromo and fluoro substituents allow for selective cross-coupling reactions, making it valuable in building complex molecules for drug discovery. Commonly employed in palladium-catalyzed reactions such as Suzuki and Heck couplings to introduce aromatic frameworks in active ingredients. Also utilized in materials science for designing liquid crystals and organic semiconductors due to its rigid aromatic structure and electron-withdrawing fluorine atoms.