This compound is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various heterocyclic compounds, which are often explored for their potential biological activities. Its structure, featuring a bromine atom and a carboxylate ester group, makes it a versatile building block for constructing more complex molecules. Researchers often employ it in the synthesis of drug candidates, particularly those targeting neurological or inflammatory disorders. Additionally, it can be used in the preparation of materials for organic electronics due to its thienopyridine core, which contributes to electron-conducting properties.