Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of bioactive molecules and drug candidates. Its reactive bromomethyl group allows for easy alkylation or coupling reactions, making it valuable in medicinal chemistry for building more complex structures. Commonly employed in the preparation of enzyme inhibitors and receptor modulators due to the stability and favorable pharmacokinetic properties imparted by the 1,2,4-oxadiazole ring. Also utilized in agrochemical research for designing novel active ingredients with improved efficacy and selectivity.