This compound is primarily utilized in organic synthesis and medicinal chemistry as a key intermediate for the development of more complex molecules. Its structure, featuring a bromo group and a tert-butyl ester, makes it a versatile building block for constructing heterocyclic compounds, particularly those with potential pharmacological activity. It is often employed in the synthesis of azulene derivatives, which are studied for their anti-inflammatory, anticancer, and antimicrobial properties. Additionally, the tert-butyl ester group provides a protective moiety that can be selectively removed under mild conditions, enabling further functionalization of the molecule. Its application extends to research in drug discovery, where it contributes to the creation of novel therapeutic agents targeting various diseases.