This chemical is primarily utilized in organic synthesis as an intermediate for the production of various pharmaceutical compounds. Its structure, featuring hydroxyl, amino, and bromo groups, makes it suitable for modifying and synthesizing molecules with potential biological activity. It is often employed in the development of drugs due to its ability to interact with specific receptors or enzymes. Additionally, it can be used in the preparation of dyes, pigments, or other specialty chemicals where its bromine, hydroxyl, and amino groups contribute to desired properties. Its applications are often focused on research and development in medicinal chemistry and material science.