Used primarily as an intermediate in organic synthesis, this compound serves in the preparation of pharmaceuticals and agrochemicals due to the presence of reactive bromine atoms and ester functionality. The bromine groups allow for further substitution or elimination reactions, enabling the construction of complex carbon skeletons. It is also employed in the synthesis of chiral building blocks, especially in asymmetric synthesis where the stereocenters can be manipulated for the development of bioactive molecules. Additionally, it finds use in research settings for cyclization reactions and the formation of heterocyclic compounds.