Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for therapeutic drugs. It plays a role in the production of compounds targeting neurological disorders and other medical conditions. Additionally, it is utilized in organic chemistry research for constructing complex molecular structures due to its reactive bromine and methoxy groups. Its applications extend to agrochemicals, where it contributes to the creation of pesticides and herbicides. The compound’s versatility makes it valuable in both industrial and academic settings for various chemical transformations.