Used primarily as an intermediate in organic synthesis, especially in the development of pharmaceuticals and agrochemicals. Its structure supports the construction of complex heterocyclic systems, making it valuable in drug discovery. It is notably employed in the synthesis of kinase inhibitors and other bioactive molecules targeting neurological disorders and cancer. The bromo and methoxy functional groups allow for selective cross-coupling reactions, enabling the introduction of various substituents during multi-step syntheses. Also utilized in research settings to develop new compounds with potential anti-inflammatory and analgesic activity.