Used in organic synthesis as a key intermediate for the preparation of various pharmaceuticals and agrochemicals. It is particularly valuable in the development of active pharmaceutical ingredients (APIs) due to its reactive bromomethyl group, which facilitates further functionalization. The compound is also employed in the synthesis of pyridine derivatives, which are widely used in drug discovery and development. Additionally, it serves as a building block in the creation of ligands and catalysts for chemical reactions. Its application extends to research settings, where it aids in the study of molecular interactions and reaction mechanisms.