Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for central nervous system (CNS) drugs and kinase inhibitors. Its functional groups enable selective reactions, making it valuable in constructing complex organic molecules. Commonly employed in cross-coupling reactions such as Suzuki and Heck reactions to form biaryl systems found in bioactive compounds. Also utilized in agrochemical research for designing novel pesticides and herbicides due to its halogenated aromatic structure, which enhances binding affinity and metabolic stability.