Used primarily as a synthetic intermediate in pharmaceutical research, particularly in the development of kinase inhibitors and other bioactive molecules. Its structure serves as a scaffold in medicinal chemistry for designing compounds with potential anticancer, anti-inflammatory, and neuroprotective activities. The bromine atom allows for further functionalization via cross-coupling reactions such as Suzuki or Heck reactions, enabling rapid diversification of compound libraries in drug discovery. Also investigated for its role in synthesizing selective modulators of central nervous system receptors.