Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its bromine functionality allows for cross-coupling reactions, such as Suzuki or Heck reactions, enabling the construction of complex organic molecules. The ester group can be hydrolyzed to yield carboxylic acid derivatives or reduced to form alcohols, making it versatile in multi-step syntheses. Commonly employed in the development of active ingredients in crop protection agents and in the synthesis of bioactive compounds with potential therapeutic effects.