This compound is primarily utilized in organic synthesis as a building block for the development of more complex chemical structures. It serves as a key intermediate in the production of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) that target specific diseases. Additionally, it is employed in the creation of ligands for metal-catalyzed reactions, which are essential in the development of new materials and catalysts. Its bromo and carboxylic acid functional groups make it versatile for further chemical modifications, enabling its use in the design of novel compounds for research and industrial applications.