Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated organic compounds. Its halogen substituents allow for selective cross-coupling reactions, making it valuable in building complex molecules for drug discovery. Commonly employed in the preparation of kinase inhibitors and other bioactive compounds where fluorine and bromine groups enhance metabolic stability and binding affinity. Also utilized in the production of liquid crystals and specialty polymers requiring specific electronic properties.