This compound is primarily utilized in the field of organic synthesis, where it serves as a versatile intermediate for the production of various heterocyclic compounds. Its structure, featuring both a bromo and an ester functional group, makes it a valuable building block in the development of pharmaceuticals and agrochemicals. Specifically, it is often employed in the synthesis of pyrazole derivatives, which are known for their biological activities, including anti-inflammatory, antimicrobial, and anticancer properties. Additionally, the compound is used in research settings to explore novel chemical reactions and to develop new methodologies in medicinal chemistry. Its reactivity allows for further functionalization, enabling the creation of diverse molecular structures with potential therapeutic applications.