This chemical is primarily used in organic synthesis as an intermediate for the production of more complex molecules. It is particularly valuable in pharmaceutical research, where it serves as a building block for the development of active pharmaceutical ingredients (APIs). Its bromo and fluoro substituents make it a versatile reagent for cross-coupling reactions, such as Suzuki or Buchwald-Hartwig reactions, which are essential in creating compounds with potential therapeutic properties. Additionally, it is utilized in material science for the synthesis of specialty chemicals and advanced polymers, where its unique structure contributes to the desired properties of the final product. Its role in fine chemical manufacturing underscores its importance in both industrial and academic research settings.