Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other biologically active compounds. Its functional groups allow for selective cross-coupling reactions, making it valuable in constructing complex molecules for drug discovery. Commonly employed in the preparation of agrochemicals and functionalized pyridine derivatives used in materials science. Its bromo and chloromethyl groups serve as reactive sites for further derivatization via nucleophilic substitution or metal-catalyzed coupling reactions.