This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals. Its unique structure, featuring both bromo and fluoro substituents, makes it particularly valuable in the development of active pharmaceutical ingredients (APIs) that require halogenated aromatic components. Additionally, it is employed in the research and development of new drug candidates, especially those targeting specific enzymes or receptors where the presence of fluorine atoms can enhance binding affinity and metabolic stability. The compound is also explored in material science for the synthesis of advanced organic materials with potential applications in electronics and coatings.