Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of compounds with potential therapeutic effects. It plays a role in the production of agrochemicals, aiding in the creation of pesticides and herbicides. The compound is also utilized in organic chemistry research for constructing complex molecules due to its reactive bromo and chloro substituents. Additionally, it serves as a building block in the preparation of heterocyclic compounds, which are important in medicinal chemistry and material science.