Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated drug candidates where the iodine moiety allows for further functionalization via cross-coupling reactions. Its structure supports enhanced metabolic stability and bioavailability in active compounds. Commonly employed in the preparation of kinase inhibitors and CNS-targeted agents due to its ability to influence binding affinity and lipophilicity. Also utilized in agrochemical research for designing novel active ingredients with improved environmental persistence and target selectivity.