This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly those targeting neurological and psychiatric disorders. It serves as a key intermediate in the development of drugs that modulate neurotransmitter systems, such as serotonin and dopamine receptors. Researchers also explore its potential in creating novel therapeutic agents for conditions like depression, anxiety, and chronic pain. Additionally, it is employed in organic chemistry research to study cyclopentane ring structures and their interactions in complex molecular frameworks. Its bromophenyl group makes it a valuable building block for further functionalization in medicinal chemistry.