Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for drugs targeting central nervous system disorders and anti-inflammatory agents. Its halogenated aromatic structure makes it valuable in cross-coupling reactions, especially in palladium-catalyzed processes like Suzuki or Heck reactions, enabling the construction of complex organic molecules. Also employed in agrochemical synthesis for creating herbicides and fungicides due to its stability and reactivity profile. The presence of both bromine and carboxylic acid functional groups allows for sequential functionalization, making it a versatile building block in medicinal and organic chemistry.