Used primarily as an intermediate in organic synthesis, this compound serves in the preparation of pharmaceuticals and agrochemicals where fluorinated cycloalkyl groups are required. The presence of both bromo and fluoro substituents allows for selective functionalization through cross-coupling reactions or nucleophilic substitutions, making it valuable in building complex molecular structures. It is also employed in the development of specialty chemicals, including ligands and catalysts, where the combination of halogens provides tailored reactivity and stability.