Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents and psychoactive drugs. It serves as a building block in the preparation of substituted benzodioxoles, which are found in certain antidepressants, antipsychotics, and cognitive enhancers. Also employed in research settings for the creation of novel amine-containing heterocyclic compounds with potential biological activity. Its bromo group allows for further functionalization via cross-coupling reactions, making it valuable in medicinal chemistry and drug discovery.