This compound is primarily utilized in the field of organic synthesis, where it serves as a versatile building block for the development of more complex chemical structures. Its functional groups, including the bromo and fluoro substituents, make it particularly valuable in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig couplings, which are essential in pharmaceutical and agrochemical research. Additionally, the presence of the carboxylic acid group allows for further derivatization, enabling the creation of esters, amides, or other derivatives for use in drug discovery and material science. Its unique structure also makes it a candidate for studying structure-activity relationships in medicinal chemistry, particularly in the design of biologically active molecules.