Used primarily as an intermediate in organic synthesis, this compound plays a key role in the production of pharmaceuticals and agrochemicals. It is particularly valuable in the development of active ingredients for drugs, where its reactive bromine and ester groups facilitate further chemical modifications. Additionally, it is employed in the synthesis of complex molecules for research purposes, aiding in the study of new chemical reactions and pathways. Its application extends to the fine chemicals industry, where it contributes to the creation of specialized compounds with specific functional properties.