This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of biologically active molecules. Its structure makes it a valuable intermediate in the creation of compounds targeting various therapeutic areas, such as central nervous system disorders and inflammation. Researchers often employ it in the design of enzyme inhibitors or receptor modulators due to its unique bromo and fluoro substituents, which can enhance binding affinity and metabolic stability. Additionally, it is explored in material science for the development of organic semiconductors or photoresponsive materials, leveraging its aromatic and electron-rich properties.