This chemical is primarily utilized in organic synthesis as a versatile intermediate for the development of various pharmaceutical compounds. Its structure, featuring both bromo and fluoro substituents, makes it a valuable building block in medicinal chemistry, particularly in the design of molecules targeting specific biological pathways. It is often employed in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig reactions, to create complex heterocyclic compounds. Additionally, it serves as a precursor in the synthesis of agrochemicals and other fine chemicals, where its functional groups enable further modifications to achieve desired properties. Its role in research and development is significant, especially in the discovery of new drugs and bioactive molecules.