Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of fluorinated and halogenated organic molecules. Its structure supports cross-coupling reactions, making it valuable in medicinal chemistry for constructing biaryl systems. Commonly employed in the preparation of potential kinase inhibitors and CNS-active agents due to its ability to enhance metabolic stability and membrane permeability in drug candidates. Also utilized in agrochemical research for designing novel active ingredients with improved environmental persistence and target specificity.