This compound is primarily utilized in the field of organic synthesis as a versatile building block for the development of more complex chemical structures. It serves as a key intermediate in the production of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) that target various diseases. Its unique structure, incorporating both bromine and fluorine atoms, allows for selective functionalization, making it valuable in medicinal chemistry for drug discovery and optimization. Additionally, it finds applications in agrochemical research, where it is used to create novel compounds with potential pesticidal or herbicidal properties. The presence of halogens in its structure also makes it a useful reagent in cross-coupling reactions, which are essential in the synthesis of advanced materials and fine chemicals.