This compound is primarily utilized in organic synthesis as a key intermediate for the development of various biologically active molecules. Its structure, featuring a bromine atom and a chromenone core, makes it valuable for constructing complex heterocyclic compounds. It is often employed in medicinal chemistry research for the synthesis of potential drug candidates, particularly in the development of anti-inflammatory, anticancer, and antimicrobial agents. Additionally, it serves as a building block in the preparation of fluorescent dyes and materials for optoelectronic applications due to its chromenone moiety, which can impart desirable photophysical properties.