This compound is primarily used in organic synthesis as an intermediate for the preparation of more complex molecules. It is particularly valuable in pharmaceutical research, where it serves as a building block for the development of active pharmaceutical ingredients (APIs). Its structure, featuring a bromine atom and an ester group, makes it suitable for various coupling reactions, such as Suzuki or Buchwald-Hartwig reactions, which are essential in creating biologically active compounds. Additionally, it is utilized in agrochemical research for the synthesis of novel pesticides or herbicides. Its versatility in chemical transformations makes it a key reagent in the development of diverse chemical products.