This chemical is primarily utilized in organic synthesis as a key intermediate for the development of more complex molecules. It is particularly valuable in the pharmaceutical industry, where it serves as a building block for the synthesis of various bioactive compounds. Its structure, featuring a bromine atom and a carboxylic acid group, allows for versatile chemical modifications, making it useful in the creation of potential drug candidates. Additionally, it can be employed in the research and development of new materials, particularly in the design of polymers or organic frameworks with specific properties. Its role in medicinal chemistry often involves the exploration of new therapeutic agents targeting specific biological pathways.