Used primarily in organic synthesis, this compound serves as a versatile intermediate in the production of more complex molecules. Its structure, featuring bromo, iodo, and methyl substituents along with a nitro group, allows for selective substitution reactions, making it valuable in the development of pharmaceuticals and agrochemicals. The nitro group enhances reactivity, facilitating further functionalization such as reductions and other transformations. It is also employed in research settings for studying reaction mechanisms and designing novel compounds with specific properties.