Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of active ingredients for drugs and pesticides. It plays a role in organic synthesis, especially in cross-coupling reactions like Suzuki or Heck reactions, which are essential for creating complex molecules. Its bromine and fluorine substituents make it valuable for introducing specific functional groups into target compounds. Additionally, it is utilized in research and development for designing new materials and chemical entities with potential industrial or medicinal applications.