Used primarily as an intermediate in organic synthesis, this compound plays a key role in the production of pharmaceuticals and agrochemicals. Its structure, featuring bromine and fluorine substituents, makes it valuable for introducing specific functional groups into complex molecules. It is often utilized in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig reactions, to build more elaborate chemical frameworks. Additionally, it serves as a precursor in the development of liquid crystals and advanced materials, where its unique electronic properties are leveraged. Its applications are particularly notable in the creation of compounds with potential biological activity, contributing to drug discovery and development processes.