This chemical is primarily utilized in organic synthesis as a versatile intermediate. It is often employed in the construction of complex molecular structures, particularly in the development of pharmaceuticals and agrochemicals. Its bromine and lactone functional groups make it a valuable building block for creating biologically active compounds. Additionally, it can be used in the synthesis of heterocyclic compounds, which are essential in medicinal chemistry for designing drugs with specific therapeutic properties. Its reactivity also allows for further modifications, enabling the production of diverse derivatives for research and industrial applications.