This compound is primarily utilized in organic synthesis as a versatile intermediate for the development of more complex chemical structures. It is particularly valuable in pharmaceutical research, where it serves as a building block for the synthesis of potential drug candidates. The presence of both a bromine atom and a hydroxyl group on the pyridine ring allows for further functionalization, making it useful in coupling reactions and the creation of biologically active molecules. Additionally, it finds application in material science for the design of novel organic compounds with specific electronic or optical properties. Its role in catalysis and ligand design for metal complexes is also noteworthy, contributing to advancements in chemical processes and industrial applications.