Used in organic synthesis as an intermediate for pharmaceuticals and agrochemicals. Serves as a building block in the development of bioactive compounds due to the oxazole ring’s presence in various medicinal agents. Employed in research for materials science, particularly in the design of fluorescent dyes and optoelectronic materials. Its bromine substituent allows for further functionalization via cross-coupling reactions like Suzuki or Heck reactions, making it valuable in drug discovery and development.