Used primarily as an intermediate in organic synthesis, this compound plays a key role in the preparation of pharmaceuticals and bioactive molecules. The bromoethyl group acts as a reactive site for nucleophilic substitution, enabling the attachment of various functional groups. It is particularly valuable in the development of central nervous system agents and psychoactive substance analogs for research purposes. Additionally, it serves as a building block in the synthesis of substituted benzodioxoles, which are found in certain natural product derivatives and drug candidates. Its reactivity and structural features make it useful in medicinal chemistry for structure-activity relationship studies.