Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anti-inflammatory and central nervous system agents. Its structure allows for further functionalization, making it valuable in creating active pharmaceutical ingredients (APIs). Commonly employed in organic synthesis for constructing complex molecules due to the presence of both ester and bromoaryl groups, which are reactive handles for cross-coupling reactions. Also utilized in the preparation of analogs for structure-activity relationship (SAR) studies during drug discovery.