Used primarily in organic synthesis, this compound serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its structure allows for the introduction of specific functional groups, making it valuable in the development of active ingredients for drugs targeting various diseases. Additionally, it is employed in the synthesis of complex molecules for research purposes, particularly in the study of biochemical pathways and potential therapeutic agents. Its halogenated aromatic ring enhances reactivity, facilitating its use in cross-coupling reactions and other advanced chemical transformations.