Used in organic synthesis as a key intermediate for the preparation of various pharmaceuticals and agrochemicals. It serves as a building block in the creation of complex molecules due to its reactive bromine and quinone functional groups. Applied in the development of dyes and pigments, contributing to vibrant and stable colorants. Also utilized in research for studying redox reactions and electron transfer processes, aiding in the understanding of biochemical pathways. Its properties make it valuable in the synthesis of antioxidants and other biologically active compounds.