Used primarily in organic synthesis as an intermediate for pharmaceuticals, this compound plays a key role in the development of bioactive molecules. Its functionalized aromatic core with halogen and guanidine-like groups makes it valuable for constructing nitrogen-rich scaffolds. It is employed in the preparation of enzyme inhibitors and receptor ligands, particularly in research targeting metabolic and neurological pathways. Due to its reactivity, it also serves as a building block in the synthesis of heterocyclic compounds for drug discovery and medicinal chemistry applications.