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 antipsychotic medications. Its structure allows for selective functionalization, making it valuable in constructing complex aromatic frameworks. Commonly employed in cross-coupling reactions such as Suzuki-Miyaura and Negishi couplings to form biaryl systems found in bioactive molecules. Also utilized in agrochemical research for designing novel herbicides and fungicides due to its halogenated aromatic backbone, which enhances metabolic stability and target binding.