Used in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds. It plays a role in developing potential drugs targeting neurological disorders due to its structural similarity to molecules that interact with the central nervous system. Additionally, it is utilized in organic chemistry for constructing complex heterocyclic frameworks, which are essential in medicinal chemistry for creating new therapeutic agents. Its bromo and ester functional groups make it versatile for further chemical modifications, enabling the development of novel compounds with potential applications in drug discovery and development.