Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive molecules with anti-inflammatory, antimicrobial, and herbicidal properties. Its structure serves as a building block in heterocyclic chemistry, enabling the creation of more complex compounds for drug discovery and crop protection agents. The bromo and methoxy functional groups allow for further chemical modifications through cross-coupling reactions and nucleophilic substitutions, making it valuable in medicinal chemistry research and development.