This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various biologically active compounds. Its structure, featuring both bromo and fluoro substituents, makes it particularly valuable in the development of pharmaceuticals, especially in the synthesis of indole-based drugs. These drugs often target neurological and psychiatric disorders due to the indole moiety's resemblance to serotonin and other neurotransmitters. Additionally, it is employed in the creation of agrochemicals, where its derivatives can act as potent pesticides or herbicides. The presence of halogen atoms enhances the reactivity and binding affinity of the resulting compounds, making it a versatile building block in medicinal and agricultural chemistry.