This compound is primarily utilized in organic synthesis as a versatile intermediate for the development of more complex chemical structures. Its unique structure, featuring a bromine atom and a carboxylic acid group, makes it a valuable building block in the synthesis of heterocyclic compounds, which are often explored for their potential pharmaceutical applications. Researchers often employ it in the preparation of bioactive molecules, including potential drug candidates for various therapeutic areas. Additionally, it can be used in material science for the creation of specialized polymers or organic electronic materials due to its aromatic and heterocyclic properties. Its reactivity allows for further functionalization, enabling the design of tailored compounds for specific industrial or research purposes.