Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive molecules with antifungal and antibacterial properties. Its bromo and ketone functional groups allow for further chemical modifications, making it valuable in constructing heterocyclic compounds. Commonly employed in cross-coupling reactions such as Suzuki and Heck reactions to form carbon-carbon bonds in drug discovery research. Also utilized in the preparation of furan-based analogs for screening in medicinal chemistry programs.