Used in the synthesis of various pharmaceutical compounds, particularly as an intermediate in the development of drugs targeting neurological disorders. It plays a role in the production of ligands for receptors in the central nervous system, aiding in the creation of potential treatments for conditions like epilepsy and anxiety. Additionally, it is utilized in organic chemistry research for the development of novel heterocyclic compounds, which are essential in medicinal chemistry and material science. Its bromo and aldehyde functional groups make it a versatile building block for complex chemical reactions.