Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated organic compounds with enhanced metabolic stability. Its functional groups—bromo, fluoro, hydroxy, and aldehyde—allow for selective cross-coupling reactions and condensations, making it valuable in building complex drug molecules. Commonly employed in the preparation of bioactive compounds and agrochemicals where fluorine substitution improves bioavailability and target binding. Also utilized in research for designing novel heterocyclic compounds through cyclization and substitution reactions.