Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated aromatic compounds with potential biological activity. Its bromo and fluoro substituents allow for selective cross-coupling reactions, making it valuable in constructing complex molecules for drug discovery. Also employed in the preparation of agrochemicals and functional materials where halogenated benzene derivatives are required. The benzyloxy group can act as a protecting group or be modified further to introduce additional functionality in multi-step organic syntheses.