This compound is primarily utilized in the field of organic synthesis, where it serves as a crucial intermediate in the production of various pharmaceuticals. It is particularly valuable in the development of antimalarial drugs, given its structural similarity to quinoline-based compounds known for their efficacy against malaria. Additionally, it finds application in the synthesis of complex molecules for research purposes, especially in the study of heterocyclic compounds. Its bromine and hydroxyl groups make it a versatile building block for further chemical modifications, enabling the creation of diverse derivatives with potential biological activity.