This compound is primarily utilized in organic synthesis as an intermediate for the development of more complex chemical structures. Its unique structure, featuring a bromine atom and an ester group, makes it a valuable building block in the synthesis of pharmaceuticals, particularly in the creation of compounds with potential therapeutic properties. Researchers often employ it in the design and synthesis of molecules targeting neurological disorders or as a precursor for the development of novel drug candidates. Additionally, its reactivity allows for further functionalization, enabling the exploration of diverse chemical pathways in medicinal chemistry.