This chemical is primarily used in organic synthesis as an intermediate for the production of more complex molecules. It is particularly valuable in the pharmaceutical industry for the development of active pharmaceutical ingredients (APIs) due to the presence of functional groups like amino, bromo, and fluoro, which allow for further chemical modifications. Additionally, it serves as a building block in the synthesis of agrochemicals, dyes, and specialty chemicals. Its unique structure makes it suitable for cross-coupling reactions, which are essential in creating compounds with specific biological or chemical properties.