Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its unique structure, featuring bromo, fluoro, and hydroxyl groups, makes it valuable for constructing complex chemical frameworks, particularly in the development of potential drugs targeting specific enzymes or receptors. Additionally, it finds application in agrochemical research for creating novel pesticides or herbicides, leveraging its halogenated aromatic properties to enhance biological activity and stability.