This compound is primarily utilized in pharmaceutical research and development due to its potential as a building block for synthesizing biologically active molecules. It serves as a key intermediate in the creation of various quinazoline derivatives, which are known for their therapeutic properties. These derivatives are often explored for their anticancer, antimicrobial, and anti-inflammatory activities. Additionally, it is used in organic synthesis to develop compounds with potential applications in medicinal chemistry, particularly in designing inhibitors for specific enzymes or receptors. Its bromine atom allows for further functionalization, making it a versatile reagent in drug discovery processes.