Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of drugs targeting central nervous system disorders and anti-inflammatory agents. It serves as a building block in agrochemicals for developing herbicides and pesticides due to its ability to enhance bioavailability and binding selectivity. Also employed in the preparation of functional materials, including ligands for catalytic reactions and components in organic electronics. Its bromine functionality allows for easy modification through cross-coupling reactions, making it valuable in research and development across medicinal and industrial chemistry.