This compound is primarily utilized in organic synthesis, particularly as a building block for the development of more complex chemical structures. It is often employed in the preparation of pharmaceutical intermediates, where its unique combination of bromo and fluoro substituents on the phenyl ring allows for selective chemical transformations. The hydrazine moiety further enhances its reactivity, making it valuable in the synthesis of heterocyclic compounds, which are essential in drug discovery and development. Additionally, it finds application in material science for the creation of specialized polymers and coatings, leveraging its ability to introduce specific functional groups into molecular frameworks. Its role in research and development is significant, contributing to advancements in medicinal chemistry and functional materials.