Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antiviral and anticancer agents. Its structure allows for selective functionalization, making it valuable in constructing complex heterocyclic compounds. Commonly employed in agrochemical research for designing new pesticides and herbicides due to its bioactive properties. Also utilized in materials science for creating organic semiconductors and fluorescent dyes, where the bromo and cyano groups facilitate cross-coupling reactions and electronic tuning.