This chemical is primarily used in organic synthesis as a versatile intermediate. It plays a significant role in the development of pharmaceutical compounds, particularly in the synthesis of thiazole derivatives, which are known for their biological activity. The presence of both bromomethyl and carboxylate functional groups allows for further modifications, making it valuable in creating molecules with potential therapeutic applications. It is also utilized in research settings for designing and synthesizing new chemical entities with specific target properties, such as antimicrobial or anti-inflammatory agents. Additionally, it can be employed in the preparation of agrochemicals, contributing to the development of new pesticides or herbicides. Its reactivity and structural features make it a useful building block in medicinal chemistry and drug discovery processes.