Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of bioactive molecules targeting central nervous system disorders. Its bromomethyl group allows for easy functionalization, enabling coupling reactions with nucleophiles to form ether, thioether, or amine derivatives. Widely applied in medicinal chemistry for constructing libraries of oxadiazole-based compounds, which show potential as anti-inflammatory, antimicrobial, and anticancer agents. Also utilized in agrochemical research for designing novel pesticides due to its stable heterocyclic core and reactivity profile.