This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its structure serves as a key intermediate in the creation of biologically active molecules, especially those targeting neurological disorders and cancer. Researchers leverage its bromo and fluoro substituents to facilitate further chemical modifications, enabling the exploration of diverse therapeutic pathways. Additionally, it is employed in medicinal chemistry studies to investigate structure-activity relationships, aiding in the optimization of drug efficacy and safety profiles.