Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its bromo functional group allows for cross-coupling reactions such as Suzuki or Heck reactions, enabling the construction of complex aromatic systems. The ester group can be hydrolyzed to form carboxylic acids or reduced to alcohols, adding versatility in synthetic pathways. Commonly employed in the development of active ingredients in crop protection agents and in the synthesis of substituted benzene derivatives for medicinal chemistry research.