Used in organic synthesis as an intermediate for pharmaceuticals and agrochemicals. Its bromine functionality allows for cross-coupling reactions, such as Suzuki or Heck reactions, enabling the construction of complex heterocyclic systems. The ester group can be hydrolyzed to the corresponding carboxylic acid or transformed into amides, making it useful in the development of bioactive molecules. Commonly employed in the preparation of fluorescent dyes and optoelectronic materials due to the benzo[d]oxazole core, which exhibits favorable photophysical properties. Also explored in medicinal chemistry for kinase inhibition and antimicrobial agent development.