Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals. Its bromo and ester functionalities make it suitable for cross-coupling reactions, particularly in forming carbon-carbon bonds via palladium-catalyzed processes. Commonly employed in the development of active ingredients in crop protection agents and in the preparation of substituted aromatic compounds for medicinal chemistry research. The compound's structure allows for selective derivatization, enabling the construction of complex molecules in multi-step organic syntheses.