Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic receptor modulators and anti-inflammatory agents. Its brominated structure allows for selective cross-coupling reactions, making it valuable in medicinal chemistry for building complex heterocyclic compounds. Also employed in agrochemical research for designing novel pesticides and herbicides due to its ability to enhance molecular binding affinity. The compound’s functional groups facilitate derivatization, enabling the creation of libraries for high-throughput screening in drug discovery.