Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for central nervous system agents and anti-inflammatory drugs. Its functional groups enable selective reactions in multi-step organic syntheses, making it valuable in creating complex drug molecules. Commonly employed in the preparation of benzimidazole and benzoxazole derivatives, which exhibit biological activity. Also utilized in agrochemical research for designing novel pesticides and herbicides due to its halogenated aromatic structure that enhances bioavailability and target specificity.