Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antitumor and antimicrobial agents. Its structure supports the formation of biologically active molecules due to the presence of reactive amino and bromo groups, which allow for further functionalization. Commonly employed in medicinal chemistry for constructing heterocyclic compounds with potential therapeutic effects. Also utilized in the preparation of fluorescent dyes and optical brighteners because of its conjugated aromatic system. Its ester group facilitates solubility and reactivity in organic synthesis, making it valuable in multi-step reactions for drug discovery.