Used primarily as a key intermediate in organic synthesis, especially in the preparation of biologically active compounds. Its reactive bromomethyl group allows for easy alkylation or substitution reactions, making it valuable in pharmaceutical research for constructing complex molecules. Commonly employed in the development of furan-containing derivatives, including potential antimicrobial, anti-inflammatory, and antitumor agents. Also utilized in the synthesis of natural product analogs and functionalized heterocycles for medicinal chemistry and drug discovery.