Used as a key intermediate in organic synthesis, particularly in the preparation of pharmaceutical compounds. It plays a crucial role in the development of potential drug candidates, especially in the modification of benzyl groups to introduce fluorine and nitro functionalities. This chemical is also employed in the synthesis of agrochemicals, where its reactive bromine atom facilitates further functionalization. Additionally, it is utilized in research for creating fluorescent probes and other specialized molecules for biochemical studies. Its unique structure makes it valuable in designing compounds with specific biological activities.