Used in organic synthesis as a key intermediate for the production of various pharmaceuticals and agrochemicals. It serves as a building block in the development of complex molecules, particularly in the synthesis of active pharmaceutical ingredients (APIs) and fine chemicals. Its halogenated structure makes it valuable in cross-coupling reactions, such as Suzuki and Sonogashira reactions, which are essential in creating biologically active compounds. Additionally, it finds applications in material science for the preparation of advanced organic materials and ligands for catalysis. Its unique reactivity also makes it useful in research and development for exploring new chemical entities and pathways.