Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the creation of anti-inflammatory and analgesic drugs, where the bromo and methoxy functional groups play a crucial role in enhancing biological activity. Additionally, it is utilized in organic synthesis for constructing complex molecules, often in the development of novel therapeutic agents targeting specific diseases. Its application extends to material science, where it contributes to the design of advanced organic materials with potential uses in electronics and coatings.