Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its bromo functional group allows for cross-coupling reactions, such as Suzuki or Heck couplings, enabling the construction of complex heterocyclic systems. The ester groups can be selectively hydrolyzed or reduced, offering versatility in modifying molecular structure. Commonly employed in research settings to develop bioactive compounds, including kinase inhibitors and other therapeutic agents. Also utilized in the synthesis of functionalized pyrrole derivatives, which are important scaffolds in medicinal chemistry.