Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of active ingredients that require functionalized thiophene rings. Its bromo and cyano groups allow for selective cross-coupling reactions, making it valuable in building complex organic molecules. Commonly employed in the production of kinase inhibitors and other biologically active compounds. Also utilized in materials science for the preparation of conjugated systems in organic electronics due to the electron-rich nature of the thiophene core.