Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated drug candidates where the fluorine atoms enhance metabolic stability and bioavailability. Its iodo group allows for further functionalization via cross-coupling reactions, making it valuable in building complex organic molecules. Commonly employed in the preparation of biologically active compounds, including potential antiviral and anticancer agents. Also utilized in agrochemical research for designing novel pesticides with improved efficacy and selectivity.