Used in the synthesis of pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of drugs targeting various diseases, including neurological disorders and cancers. The compound is also employed in organic synthesis for constructing complex molecules due to its reactive bromine and carboxylic acid functional groups. Additionally, it finds application in research laboratories for studying chemical reactions and developing new therapeutic agents. Its versatility makes it valuable in medicinal chemistry and drug discovery processes.