Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals due to the presence of the bromine atom, which allows for further functionalization via cross-coupling reactions such as Suzuki or Stille couplings. Its thiophene core contributes to electronic properties, making it valuable in the development of organic semiconductors and conductive polymers. Also employed in the preparation of ligands for catalysts and in materials science for creating conjugated systems in organic electronics like OLEDs and OFETs.