Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antipsychotic and antidepressant drugs. Its structure allows for selective functionalization, making it valuable in constructing complex heterocyclic systems. Also employed in agrochemical research for designing novel pesticides with improved activity and selectivity. The bromo and sulfinyl groups provide reactive sites for cross-coupling reactions, enabling its use in various catalytic transformations during drug discovery and materials science.