Used in organic synthesis as an intermediate for pharmaceuticals and agrochemicals. Its aldehyde and bromine functional groups allow for diverse reactions, including cross-coupling and nucleophilic substitution. Commonly employed in the preparation of heterocyclic compounds and bioactive molecules. Also utilized in the development of fragrances and flavoring agents due to its aromatic character. Serves as a building block in the synthesis of more complex furan derivatives with potential medicinal properties.