5,7-Dibromo-1-indanone is primarily used in organic synthesis as a key intermediate for the production of various pharmaceuticals and fine chemicals. Its brominated structure makes it a valuable building block in the development of complex molecules, particularly in the synthesis of indane derivatives. These derivatives are often explored for their potential biological activities, including antimicrobial, anti-inflammatory, and anticancer properties. Additionally, it serves as a precursor in the preparation of organic materials and dyes, where its unique structure contributes to the desired chemical properties. Its application is also seen in research and development for creating novel compounds with specific functionalities.