This compound is primarily utilized in organic synthesis as an intermediate for the development of more complex chemical structures. It is often employed in pharmaceutical research, particularly in the synthesis of bioactive molecules and drug candidates. The presence of both bromo and fluoro substituents makes it a valuable building block for constructing compounds with potential therapeutic properties, such as anticancer or antimicrobial agents. Additionally, it can be used in material science for the preparation of specialized polymers or coatings that require specific halogenated aromatic components. Its reactivity allows for further functionalization, enabling the creation of diverse derivatives for various industrial and research applications.