This compound is primarily utilized in organic synthesis as a versatile intermediate for the development of more complex chemical structures. Its unique cyclobutane ring and bromophenyl group make it valuable in the construction of pharmaceutical compounds, particularly in the design of molecules with potential biological activity. It is often employed in cross-coupling reactions, such as Suzuki or Sonogashira couplings, to introduce the bromophenyl moiety into larger organic frameworks. Additionally, the nitrile group provides a reactive site for further functionalization, enabling the synthesis of amines, carboxylic acids, or heterocycles. Its applications extend to materials science, where it can be used to create polymers or small molecules with specific electronic or optical properties. Researchers also explore its use in agrochemical research for developing novel pesticides or herbicides.