This compound is primarily utilized in organic synthesis as an intermediate for the production of various pharmaceuticals and agrochemicals. It serves as a key building block in the development of compounds with potential biological activities, such as inhibitors or modulators of specific enzymes or receptors. Additionally, it is employed in research settings for the study of structure-activity relationships in drug discovery. Its bromine atom makes it a versatile candidate for further functionalization through cross-coupling reactions, such as Suzuki or Buchwald-Hartwig reactions, enabling the creation of more complex molecules.