Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of fluorinated and brominated aromatic molecules. Its functional groups allow for further chemical modifications, making it valuable in medicinal chemistry for constructing complex drug candidates. Commonly employed in cross-coupling reactions due to the presence of bromine, enabling the formation of carbon-carbon bonds in active pharmaceutical ingredients (APIs). Also utilized in research settings for the preparation of analogs in structure-activity relationship (SAR) studies.