Used as an intermediate in organic synthesis, particularly in the preparation of phosphorus-containing compounds for pharmaceuticals and agrochemicals. It serves as a reagent in the development of novel bioactive molecules due to its ability to introduce phosphoryl groups into target structures. Its bromo and chloro functional groups allow for further cross-coupling reactions, making it valuable in the construction of complex organic molecules. Also employed in research settings for the synthesis of kinase inhibitors and other enzyme modulators.