Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive molecules due to its ability to participate in cross-coupling reactions such as Suzuki and Heck reactions. Its structure supports the formation of nitrogen-containing heterocyclic compounds, which are common motifs in drug design. Also employed in materials science for constructing functional organic materials, including corrosion inhibitors and ligands for metal complexes. The bromine atom allows for selective functionalization, making it valuable in combinatorial chemistry and medicinal chemistry research.