Used primarily as a key intermediate in the synthesis of pharmaceuticals and biologically active compounds, this compound plays an important role in medicinal chemistry. Its structure allows for further functionalization, making it valuable in the development of new drug candidates, particularly in the design of kinase inhibitors and antitumor agents. It is also employed in the preparation of pyrrole-based derivatives that exhibit antimicrobial and anti-inflammatory activities. Due to the presence of reactive bromine atoms, it serves as a versatile building block in cross-coupling reactions such as Suzuki and Heck reactions, enabling the construction of complex organic molecules in research and development settings.