This chemical is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active compounds, particularly in the synthesis of quinoline derivatives. These derivatives are often explored for their potential therapeutic properties, including antimicrobial, anticancer, and anti-inflammatory activities. Additionally, it is used in the preparation of complex molecules for drug discovery and development, where its bromine and hydroxyl groups enable further functionalization and modification to create targeted compounds. Its role in medicinal chemistry makes it valuable for designing new drugs and studying structure-activity relationships.