Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs). It plays a role in the construction of complex molecules due to its reactive bromine atom and methoxy groups, which facilitate various coupling reactions. Also employed in agrochemical research for creating compounds with potential pesticidal or herbicidal properties. Its structure makes it valuable in organic synthesis for constructing heterocyclic compounds, which are essential in medicinal chemistry and material science.