Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals due to its stable heterocyclic structure and reactive bromine site. The compound is valued in medicinal chemistry for developing compounds with antimicrobial, anti-inflammatory, and anticancer activities. Its oxadiazole ring enhances metabolic stability and bioavailability in drug candidates. Also employed in materials science for designing fluorescent dyes and organic semiconductors owing to its electron-transport properties and aromatic rigidity.