This chemical is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various bioactive compounds, particularly in the synthesis of complex molecules with potential therapeutic applications. Its structure, featuring both acetyl and bromoacetyl groups, makes it suitable for selective chemical modifications, enabling the creation of targeted drug candidates. Additionally, it is employed in the preparation of specialized polymers and coatings, where its reactive sites facilitate cross-linking and functionalization processes.