Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated and brominated organic compounds. Its structure allows for selective functionalization through cross-coupling reactions, making it valuable in medicinal chemistry for building complex molecules. Commonly employed in Suzuki and Ullmann-type reactions to form carbon–carbon and carbon–heteroatom bonds. Also utilized in the preparation of bioactive molecules where the combination of bromo, fluoro, and thioether groups enhances metabolic stability and target binding.