Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It is particularly valuable in the creation of drugs targeting neurological disorders, owing to its structural properties that allow for effective interaction with specific biological targets. Additionally, it finds application in the development of agrochemicals, where it contributes to the formulation of pesticides and herbicides designed to protect crops from pests and diseases. Its role in organic synthesis is also notable, as it facilitates the construction of complex molecules through selective bromination and functionalization processes.