Used as a key intermediate in the synthesis of indole-based pharmaceutical compounds, particularly in the development of kinase inhibitors and anti-inflammatory agents. Its boronic acid functionality enables Suzuki-Miyaura cross-coupling reactions, allowing for the formation of carbon-carbon bonds in complex molecule assembly. The presence of dichloro substituents offers additional sites for selective functionalization, enhancing molecular diversity in drug discovery. Commonly employed in medicinal chemistry for optimizing lead compounds due to its stability and reactivity profile.