Used as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. It serves as a building block in cross-coupling reactions, such as Suzuki and Heck reactions, enabling the formation of biaryl compounds and other complex aromatic structures. Its bromine functionality allows for selective functionalization, making it valuable in medicinal chemistry for designing drug candidates with specific biological activity. Also employed in the synthesis of liquid crystals and organic electronic materials due to its stable aromatic framework and derivatization potential.