Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated organic compounds. Its structure allows for selective functionalization in cross-coupling reactions, making it valuable in creating active ingredients in crop protection agents and medicinal candidates. Commonly employed in Suzuki and Buchwald–Hartwig reactions to build complex aromatic systems. Also utilized in the preparation of radiolabeled compounds for imaging studies due to the presence of halogen and ether functionalities.