Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and other bioactive molecules. Its structure allows for selective functionalization, making it valuable in constructing complex heterocyclic systems found in drug candidates. Commonly employed in cross-coupling reactions such as Suzuki or Heck reactions to build carbon-carbon bonds in medicinal chemistry research. Also utilized in the preparation of serotonin receptor modulators and antitumor agents. Preferred in late-stage derivatization due to the stability and reactivity of the bromine and ether functionalities.