Used in organic synthesis as an intermediate for pharmaceuticals and agrochemicals. Serves as a building block in the preparation of bioactive molecules due to the presence of both bromine and benzofuran moieties. The bromine atom allows for cross-coupling reactions such as Suzuki or Heck reactions, enabling the construction of complex aromatic systems. Employed in the development of functional materials, including organic semiconductors and fluorescent dyes. Also explored in medicinal chemistry for designing compounds with potential antitumor, antiviral, or anti-inflammatory activity.