This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the development of more complex molecules. Its structure, featuring bromine and fluorine substituents, makes it highly reactive and suitable for cross-coupling reactions, which are essential in creating pharmaceuticals and agrochemicals. Specifically, it is often employed in the synthesis of biologically active compounds, including potential drug candidates targeting various diseases. Additionally, its unique properties allow it to be used in the preparation of materials with specific electronic or photonic characteristics, contributing to advancements in material science.