Widely used in organic synthesis, particularly as an intermediate in the preparation of pharmaceuticals and agrochemicals. Its bromine functionality allows for cross-coupling reactions, such as Suzuki or Heck couplings, enabling the construction of complex oxazole-containing molecules. Commonly employed in the development of bioactive compounds, including antimicrobial and anti-inflammatory agents. Also serves as a building block in heterocyclic chemistry due to the reactivity of both the ester and bromo groups, facilitating derivatization for drug discovery and medicinal chemistry research.