Used primarily in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various bioactive molecules. Its structure allows for the introduction of both bromine and fluorine atoms into complex organic frameworks, which is crucial in drug development, particularly for creating compounds with enhanced binding affinity and metabolic stability. Additionally, it finds application in the preparation of agrochemicals, where the presence of halogen atoms can improve the efficacy and selectivity of pesticides and herbicides. Its versatility also extends to material science, where it is utilized in the synthesis of advanced polymers and specialty chemicals.