This compound is primarily utilized in organic synthesis as a key intermediate for the development of more complex chemical structures. It is particularly valuable in the pharmaceutical industry, where it serves as a building block for the synthesis of various bioactive molecules and drug candidates. Its structure, featuring both a bromo and a carboxylate ester group, allows for versatile chemical modifications, making it useful in cross-coupling reactions and other transformations. Additionally, it finds application in materials science for the preparation of specialized polymers or organic electronic materials, owing to its potential to contribute to the desired electronic properties. Its role in research and development underscores its importance in advancing both medicinal chemistry and material innovation.