This compound is primarily utilized in organic synthesis and material science. It serves as a key intermediate in the production of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) with potential therapeutic properties. Its thiophene ring structure is valuable in designing molecules with specific biological activities. Additionally, it is used in the synthesis of organic electronic materials, such as conductive polymers and semiconductors, due to its electron-rich thiophene core. The bromo and carboxylic acid functional groups make it a versatile building block for further chemical modifications, enabling the creation of complex molecules for research and industrial applications.