This chemical is primarily utilized in the synthesis of organic compounds, particularly in the development of pharmaceutical intermediates. It serves as a key building block in the production of various biologically active molecules, including potential drugs targeting specific diseases. Its structure, featuring both a bromo and formyl group, makes it a versatile reagent in cross-coupling reactions, which are essential in creating complex organic frameworks. Additionally, it is employed in research settings for the development of new materials and ligands for catalysis, contributing to advancements in chemical synthesis and industrial processes.