Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated organic compounds. Its structure allows for selective functionalization in multi-step reactions, making it valuable in creating bioactive molecules. The presence of both bromo and fluoro groups enables cross-coupling reactions and nucleophilic substitutions, commonly applied in medicinal chemistry for building complex aromatic systems. Also employed in the preparation of dyes and functional materials where nitro and methoxy groups contribute to electronic properties.