Used as an intermediate in organic synthesis, particularly in pharmaceuticals and agrochemicals. It serves as a building block for constructing more complex molecules due to the presence of both ester and bromo functional groups. The bromine atom allows for cross-coupling reactions, such as Suzuki or Heck reactions, enabling the formation of carbon-carbon bonds. The ester group can be hydrolyzed to yield carboxylic acids or reduced to alcohols, adding versatility in synthetic pathways. Commonly employed in the development of active pharmaceutical ingredients and functionalized aromatic compounds.