Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of non-steroidal anti-inflammatory drugs (NSAIDs) and other bioactive molecules. Its structure allows for easy functionalization, making it valuable in building complex organic compounds. Commonly employed in the preparation of benzodiazepine derivatives and as a precursor in the manufacture of dyes and fluorescent agents. Also utilized in research settings for the development of new brominated aromatic compounds with potential biological activity.