Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the preparation of active ingredients in central nervous system agents and anti-inflammatory drugs. Its reactive bromomethyl group allows for easy alkylation, making it valuable in forming carbon-heteroatom bonds during drug development. Commonly employed in research settings to introduce isoxazole rings into larger molecular frameworks, enhancing metabolic stability and binding affinity in target compounds. Also utilized in agrochemical synthesis for building bioactive molecules with pesticidal or herbicidal activity.