This chemical is primarily used in organic synthesis as an intermediate for the development of more complex molecules. It is particularly valuable in pharmaceutical research, where it serves as a building block for creating compounds with potential therapeutic properties. The presence of bromine and fluorine atoms makes it useful in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig reactions, which are essential for constructing drug-like molecules. Additionally, its structure allows for further functionalization, enabling chemists to tailor it for specific applications in drug discovery or material science. It may also be employed in the synthesis of agrochemicals or specialty chemicals, where its unique reactivity profile can be leveraged to produce target compounds efficiently.