This compound is primarily utilized in pharmaceutical research and development as a key intermediate in the synthesis of various biologically active molecules. Its unique structure, featuring bromine and fluorine substituents, makes it valuable for constructing complex drug candidates, particularly in the fields of oncology and neurology. It is often employed in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig couplings, to create diverse heterocyclic compounds. Additionally, its methoxy group enhances its reactivity in nucleophilic substitution reactions, enabling the development of targeted therapeutic agents. The compound's versatility also extends to agrochemical applications, where it serves as a building block for designing novel pesticides and herbicides.