This compound is primarily utilized in organic synthesis as an intermediate for the development of more complex chemical structures. It plays a significant role in pharmaceutical research, particularly in the synthesis of compounds with potential therapeutic properties. Its structure, featuring a bromine atom and a methoxy group, makes it a valuable building block for creating molecules that may exhibit biological activity, such as enzyme inhibitors or receptor modulators. Additionally, it is used in the study of chemical reactions and mechanisms, aiding in the exploration of new synthetic pathways and methodologies. Its applications extend to material science, where it contributes to the development of novel organic materials with specific electronic or optical properties.