Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of pyrazole-based bioactive compounds. It serves as a building block in the preparation of selective kinase inhibitors and anti-inflammatory agents. Its halogenated structure allows for further functionalization via cross-coupling reactions, making it valuable in medicinal chemistry for structure-activity relationship studies. Also employed in the creation of novel pesticides due to the enhanced stability and biological activity imparted by the bromo and chloro substituents.