This compound is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of various biologically active molecules. Its structure is particularly valuable in the creation of compounds that target specific enzymes or receptors, making it useful in the discovery of new drugs. Additionally, it serves as a building block in organic synthesis, enabling the construction of complex heterocyclic frameworks that are often found in medicinal chemistry. Its bromo and ester functional groups allow for further chemical modifications, making it versatile in the design of novel therapeutic agents.