Used as a key intermediate in the synthesis of various pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs). It plays a significant role in the preparation of isoxazole derivatives, which are known for their biological activities, including anti-inflammatory, antimicrobial, and anticancer properties. Additionally, it is utilized in organic synthesis for constructing complex molecules due to its reactive bromine and ester functional groups, enabling further chemical modifications. Its application extends to research and development in medicinal chemistry, where it aids in the discovery of new drug candidates.