This compound is primarily utilized in the synthesis of pharmaceuticals and agrochemicals due to its role as a versatile intermediate. It is particularly valuable in the development of active pharmaceutical ingredients (APIs) where the picolinate structure is essential. The bromine atom in the molecule allows for further functionalization through cross-coupling reactions, making it a key building block in organic synthesis. Additionally, it is employed in the production of herbicides and pesticides, where its structural properties contribute to the efficacy of the final product. Its application extends to research and development in medicinal chemistry, where it aids in the creation of novel compounds with potential therapeutic effects.