This compound is primarily utilized in the field of organic synthesis, where it serves as a versatile intermediate for the development of more complex chemical structures. It is particularly valuable in the synthesis of quinoline derivatives, which are known for their diverse biological activities. Researchers often employ it in the preparation of pharmaceutical compounds, especially those targeting antimicrobial, anticancer, or anti-inflammatory applications. Additionally, its bromo and hydroxyl functional groups make it a suitable candidate for further chemical modifications, enabling the creation of novel compounds with potential therapeutic properties. Its role in medicinal chemistry highlights its importance in drug discovery and development processes.