This chemical is primarily utilized in organic synthesis as an intermediate for the preparation of more complex molecules. It is often employed in the development of pharmaceuticals, particularly in the synthesis of compounds with potential biological activity. The presence of the bromine atom makes it a valuable precursor for further functionalization through cross-coupling reactions, such as Suzuki or Buchwald-Hartwig reactions. Additionally, the carbamate group provides stability and can be selectively deprotected to yield amines, which are crucial in drug discovery and medicinal chemistry. Its application extends to material science, where it can be used to create specialized polymers or ligands for catalysis. Overall, it serves as a versatile building block in research and industrial processes.