This chemical is primarily used in organic synthesis as a versatile building block for the creation of complex molecules. Its unique combination of halogen substituents (bromo, fluoro, and iodo) makes it highly reactive in various coupling reactions, such as Suzuki, Sonogashira, and Buchwald-Hartwig reactions, which are essential in pharmaceutical and agrochemical research. The presence of multiple halogens allows for selective functionalization, enabling the development of specialized compounds. Additionally, it serves as a key intermediate in the synthesis of advanced materials, including liquid crystals and organic semiconductors, due to its structural properties. Its application in medicinal chemistry is notable for the development of drug candidates, particularly in the design of molecules with specific biological activities.