This chemical is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug compounds. Its unique structure makes it a valuable intermediate in the creation of molecules with potential therapeutic properties. It is often employed in the study of enzyme inhibitors and receptor modulators, especially in the field of oncology and neurology. Additionally, it serves as a key building block in organic synthesis for constructing complex polycyclic frameworks, which are essential in medicinal chemistry for developing drugs targeting various diseases. Its bromo and fluoro substituents enhance its reactivity, making it a versatile reagent in chemical transformations.