This chemical is primarily utilized in organic synthesis as a versatile intermediate for the development of more complex molecules. Its structure, featuring bromo and chloro substituents, makes it a valuable building block in pharmaceutical research, particularly for the synthesis of heterocyclic compounds. It is often employed in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig couplings, to create biologically active compounds. Additionally, it finds use in agrochemical research for designing novel pesticides or herbicides. The ethoxy group further enhances its reactivity, enabling modifications that are crucial in medicinal chemistry for drug discovery and development.