Used as a key intermediate in the synthesis of active pharmaceutical ingredients, particularly in the development of selective serotonin reuptake inhibitors (SSRIs) and other central nervous system agents. Its structure allows for efficient coupling in multi-step reactions, making it valuable in medicinal chemistry for creating fluorinated and brominated aromatic compounds with enhanced bioavailability and receptor selectivity. Commonly employed in research settings for the preparation of novel antidepressants and anxiolytic drugs.