Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. Its structure, featuring bromine and fluorine substituents, makes it valuable for creating compounds with potential therapeutic applications, particularly in the fields of neurology and oncology. It is often employed in the design of receptor-targeted drugs due to its ability to influence binding affinity and selectivity. Additionally, it plays a role in the development of radiopharmaceuticals for diagnostic imaging, leveraging its halogenated properties for labeling purposes.