Used as a key intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in the development of herbicides and plant growth regulators. Its bromo and hydroxy functional groups allow for selective modifications, enabling the construction of complex heterocyclic systems. Commonly employed in cross-coupling reactions to introduce the picolinate scaffold, which is prevalent in bioactive molecules. Also utilized in research settings for the design of enzyme inhibitors due to its structural similarity to natural metabolites.