Used primarily as a key intermediate in the synthesis of pharmaceuticals and agrochemicals. Its structure allows for selective functionalization in multi-step reactions, particularly in the development of fluorinated organic compounds. The presence of both bromine and fluorine atoms enables cross-coupling reactions, such as Suzuki or Ullmann couplings, making it valuable in building complex aromatic systems. Commonly employed in the preparation of biologically active molecules, including potential drug candidates targeting central nervous system disorders and inflammatory conditions. Also utilized in the creation of specialty materials where halogenated building blocks are required for further chemical modification.