Used as a chiral building block in the synthesis of pharmaceuticals, particularly in the development of central nervous system agents and cardiovascular drugs. Its bromine functionality allows for further cross-coupling reactions, enabling the construction of complex molecular architectures. The presence of an amine group and a rigid benzofuran scaffold makes it valuable in medicinal chemistry for optimizing potency and selectivity in drug candidates. Commonly employed in asymmetric synthesis to introduce stereochemical control in active pharmaceutical ingredients (APIs).