Used as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its structure allows for further functionalization through cross-coupling reactions, making it valuable in the preparation of bioactive molecules. Commonly employed in research settings for the synthesis of furan-based compounds with potential antimicrobial or anti-inflammatory properties. Also utilized in the formation of heterocyclic scaffolds in medicinal chemistry due to the bromine handle enabling palladium-catalyzed reactions.