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 heterocyclic compounds, which are often found in drugs targeting neurological and inflammatory conditions. Its bromine and methoxy functional groups make it a versatile building block for modifying molecular structures to enhance drug efficacy and selectivity. Additionally, it is employed in agrochemical research for developing new pesticides and herbicides, leveraging its reactivity to create compounds that target specific pests or weeds.