Used as an intermediate in the synthesis of heterocyclic compounds, particularly in the preparation of benzofuran derivatives which exhibit biological activity. It serves as a key building block in medicinal chemistry for developing potential antimicrobial, anti-inflammatory, and anticancer agents. Its reactive bromoacetyl group allows for nucleophilic substitution, enabling conjugation with amines or thiols in the design of novel drug candidates. Also employed in organic synthesis to introduce aldehyde and bromo functionalities simultaneously, facilitating multi-component reactions and library generation in drug discovery.