This chemical is primarily used in organic synthesis as a building block for the development of more complex molecules. It serves as a key intermediate in the production of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) that require halogenated aromatic compounds. Its unique combination of functional groups makes it valuable for creating compounds with specific biological activities, such as antimicrobial or anti-inflammatory agents. Additionally, it is utilized in research and development for designing and testing new drug candidates, especially in the field of medicinal chemistry. Its halogen substituents also make it suitable for use in cross-coupling reactions, which are essential in constructing diverse organic frameworks.