Used in organic synthesis as a building block for more complex molecules, particularly in pharmaceuticals and agrochemicals. It serves as an intermediate in the development of active pharmaceutical ingredients (APIs) due to the presence of both bromine and fluorine, which can enhance biological activity. The compound is also employed in research for creating novel compounds with potential therapeutic properties, such as anticancer or antimicrobial agents. Its functional groups allow for further chemical modifications, making it versatile in drug discovery and material science applications.