This chemical is primarily utilized in organic synthesis as a key intermediate for the development of more complex molecules. It is often employed in pharmaceutical research for the creation of compounds with potential therapeutic properties, particularly in the study of central nervous system disorders. Additionally, its structure makes it a valuable building block in the synthesis of heterocyclic compounds, which are crucial in medicinal chemistry. The bromine atom in its structure allows for further functionalization through various coupling reactions, making it versatile in the design of novel chemical entities.