This chemical is primarily utilized in research and development within the field of organic chemistry, particularly in the synthesis of complex organic compounds. It serves as a key intermediate in the preparation of various heterocyclic compounds, which are often explored for their potential pharmacological activities. Additionally, it is used in the study of photophysical properties due to its unique structural features, making it valuable in the development of organic light-emitting diodes (OLEDs) and other optoelectronic materials. Its bromo and chloro substituents make it a versatile building block for further functionalization in the creation of novel materials and bioactive molecules.