Used primarily as a hypervalent iodine reagent in organic synthesis, this compound serves as a powerful and selective oxidant. It is especially effective for the bromination of aromatic compounds and heterocycles under mild conditions. Its high reactivity allows for functionalization of complex molecules in pharmaceutical and agrochemical synthesis, where chemoselectivity and functional group tolerance are crucial. The reagent is also employed in the preparation of bioactive molecules, enabling efficient introduction of bromine atoms for further cross-coupling reactions. Due to its stability and ease of handling, it is preferred over traditional brominating agents in many laboratory-scale transformations.