Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and anticancer agents. It serves as a building block in medicinal chemistry due to its ability to undergo selective substitution reactions at the bromine site, enabling the introduction of various functional groups. Commonly employed in the preparation of receptor tyrosine kinase inhibitors, which are important in targeted cancer therapies. Also utilized in the synthesis of compounds with antimicrobial and anti-inflammatory activities. Its structure allows for easy modification, making it valuable in drug discovery and optimization processes.