This compound is primarily utilized in organic synthesis as a key intermediate for the development of pharmaceutical agents. It is particularly valuable in the construction of complex heterocyclic structures, which are often found in bioactive molecules. Its bromo and carboxylate functional groups enable it to participate in various coupling reactions, such as Suzuki or Buchwald-Hartwig couplings, facilitating the creation of diverse chemical libraries for drug discovery. Additionally, its tert-butyl protecting group enhances stability during synthetic processes, making it a versatile building block in medicinal chemistry.