Used in organic synthesis as an intermediate for pharmaceuticals and fine chemicals. Its bromo and ether functional groups allow for further chemical modifications, making it valuable in the development of complex molecules. Commonly employed in cross-coupling reactions such as Suzuki or Heck reactions to build carbon-carbon bonds. Also utilized in the preparation of bioactive compounds, including potential hormone analogs or receptor ligands due to its structural similarity to steroid frameworks. Suitable for research in medicinal chemistry and materials science where tailored organic structures are required.