Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of nicotinic receptor modulators. Its bromomethyl group allows for easy functionalization, making it valuable in forming carbon-heteroatom bonds through nucleophilic substitution reactions. Commonly employed in medicinal chemistry for constructing heterocyclic compounds with biological activity. Also utilized in the preparation of kinase inhibitors and other bioactive molecules due to its versatile reactivity in cross-coupling reactions.