Used primarily as an intermediate in organic synthesis, especially in the preparation of heterocyclic compounds and pharmaceuticals. Its dual halogen functionality allows for selective cross-coupling reactions, making it valuable in the construction of complex aromatic structures. Commonly employed in the development of bioactive molecules, including potential medicinal agents and agrochemicals. The compound's reactivity supports transformations such as Suzuki and Heck couplings, enabling the introduction of aryl and alkenyl groups. Also utilized in the synthesis of indole and benzofuran derivatives through intramolecular cyclization pathways.