Used primarily in organic synthesis, this compound serves as a versatile intermediate in the production of pharmaceuticals and agrochemicals. Its reactive chloromethyl and bromo groups make it valuable for constructing complex molecules through nucleophilic substitution reactions. In medicinal chemistry, it is often employed to develop pyridine-based compounds with potential therapeutic properties, such as enzyme inhibitors or receptor modulators. Additionally, it finds application in the synthesis of ligands for catalysis and materials science, contributing to the development of advanced polymers or coordination complexes. Its role in cross-coupling reactions also makes it useful in creating fine chemicals and specialty materials.