Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of active ingredients that require functionalized thiophene rings. Its bromo and methyl groups allow for selective cross-coupling reactions, making it valuable in building complex organic molecules. Commonly employed in the preparation of drugs targeting central nervous system disorders and in the creation of novel pesticides due to its stability and reactivity profile. Also utilized in materials science for constructing conjugated systems in organic electronics.