Used in pharmaceutical research as a key intermediate for synthesizing compounds with potential therapeutic properties. Its structure is valuable in developing drugs targeting bacterial infections, cancer, and neurological disorders. The bromo and fluoro substituents enhance reactivity, making it useful in cross-coupling reactions to create complex molecules. Additionally, it serves as a building block in organic chemistry for designing fluorescent probes and bioactive molecules. Its applications extend to material science, where it contributes to the development of advanced organic materials.