Used primarily as an intermediate in organic synthesis, especially in pharmaceutical and agrochemical industries. Its structure supports cross-coupling reactions, making it valuable in the preparation of biaryl compounds via palladium-catalyzed reactions such as Suzuki or Heck couplings. The iodine substituent acts as a reactive handle for further functionalization, enabling the construction of complex aromatic systems. It is also employed in the development of bioactive molecules, including potential anti-inflammatory or antimicrobial agents, due to the presence of both amide and aryl iodide functionalities that can interact with biological targets. Additionally, it finds use in materials science for designing aromatic frameworks with specific electronic properties.