Primarily utilized in pharmaceutical research, this compound serves as a key intermediate in the synthesis of various biologically active molecules. It is particularly valuable in the development of potential drug candidates targeting neurological disorders and cancers due to its structural properties that allow for effective interaction with specific enzymes and receptors. Additionally, it is employed in organic synthesis to create complex heterocyclic compounds, which are essential in medicinal chemistry for discovering new therapeutic agents. Its unique bromo and fluoro substituents make it a versatile building block for modifying and optimizing drug-like properties in lead compounds.