Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated organic compounds. Its bromo and ester functional groups allow for further chemical modifications, making it valuable in constructing complex molecules. Commonly employed in cross-coupling reactions, such as Suzuki or Heck reactions, to form carbon-carbon bonds in drug discovery research. Also utilized in the preparation of bioactive molecules where fluorine substitution enhances metabolic stability and binding affinity.