Used primarily as a synthetic intermediate in organic chemistry, this compound serves in the preparation of pharmaceuticals and agrochemicals. Its bromoaryl group allows for cross-coupling reactions, such as Suzuki or Heck reactions, enabling the construction of complex aromatic structures. The carboxylic acid functionality permits derivatization into esters, amides, or acid chlorides, making it versatile for use in medicinal chemistry for building bioactive molecules. It may also act as a building block in the synthesis of anti-inflammatory agents or central nervous system modulators due to the structural similarity to known active compounds.