This chemical is primarily utilized in organic synthesis as a versatile intermediate for the preparation of various heterocyclic compounds. It plays a significant role in the development of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) with potential therapeutic properties. Its structure, featuring both bromine atoms and an ester group, allows for further functionalization, making it valuable in medicinal chemistry for creating compounds with antibacterial, antifungal, or anti-inflammatory activities. Additionally, it is used in research settings to explore new chemical reactions and pathways, contributing to advancements in synthetic organic chemistry.