Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of biologically active compounds. Its structure allows for further functionalization, making it valuable in creating thiophene-based derivatives with potential antimicrobial, anti-inflammatory, or antitumor properties. Commonly employed in organic synthesis to introduce bromoacetyl and ester functionalities into larger molecules. Also utilized in the preparation of heterocyclic compounds for materials science applications, such as organic semiconductors and electronic materials.