Used in organic synthesis as a building block for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceutical and agrochemical development. Its functional groups allow for selective transformations, making it valuable in constructing complex aromatic systems. Commonly employed in the preparation of biaryl compounds and intermediates for drug discovery research. The ester and halogen substituents provide sites for further modification, enhancing its utility in multi-step syntheses.