Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting central nervous system disorders and anti-inflammatory agents. It serves as a building block in agrochemicals for creating herbicides and pesticides due to its ability to enhance bioactivity. Employed in materials science for the preparation of functionalized ligands in catalytic systems, especially in cross-coupling reactions like Suzuki and Heck reactions. Also utilized in the production of dyes and specialty polymers where bromine functionality allows for further chemical modifications. Its role as a precursor in heterocyclic chemistry makes it valuable for research and development in medicinal and organic chemistry.