Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anxiolytic and sedative agents. It serves as a building block in the preparation of benzodiazepine receptor modulators. Commonly employed in medicinal chemistry for structure-activity relationship studies due to its ability to enhance binding affinity to GABA receptors. Also utilized in the creation of kinase inhibitors for potential anticancer applications. Its bromo functionality allows for further derivatization via cross-coupling reactions, making it valuable in drug discovery and heterocyclic chemistry research.