Used as an intermediate in organic synthesis, particularly in pharmaceutical and agrochemical industries. It serves as a building block for constructing more complex molecules due to the presence of both bromo and ester functional groups. The bromine atom allows for cross-coupling reactions such as Suzuki or Heck reactions, enabling the formation of carbon-carbon bonds. The ester group can be hydrolyzed to the corresponding carboxylic acid or reduced to an alcohol, offering versatility in derivatization. Commonly employed in the synthesis of bioactive compounds, including potential drug candidates and functional materials.