This compound is primarily utilized in organic synthesis as a key intermediate for the development of more complex chemical structures. Its unique bromo and chloro substituents make it a valuable building block in the synthesis of pharmaceuticals, particularly in the creation of active pharmaceutical ingredients (APIs) that target specific biological pathways. Additionally, it is employed in the research and development of novel compounds with potential therapeutic applications, such as anti-inflammatory or anticancer agents. The compound's structure allows for further functionalization, enabling chemists to explore a wide range of chemical modifications for drug discovery and material science applications.