This compound is primarily utilized in organic synthesis and pharmaceutical research as an intermediate for the development of more complex molecules. Its structure, featuring both bromo and iodo substituents, makes it a valuable building block in cross-coupling reactions, such as Suzuki or Ullmann reactions, which are essential for creating biologically active compounds. Additionally, it is explored in the design of sulfonamide-based drugs, which are known for their antimicrobial, anti-inflammatory, and anticancer properties. Its unique chemical properties also make it a candidate for use in material science, particularly in the development of advanced polymers or coatings.