This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of biologically active molecules. It serves as a key intermediate in the creation of compounds that target neurological disorders, such as anxiety and depression, due to its structural similarity to azepine derivatives known for their central nervous system activity. Additionally, it is employed in the development of potential therapeutic agents for cardiovascular diseases, leveraging its ability to interact with specific receptors or enzymes. Its bromine atom also makes it a valuable building block in organic synthesis, enabling further functionalization for the creation of diverse chemical libraries used in drug discovery.