Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) for drugs targeting central nervous system disorders and anti-inflammatory agents. Its structure allows for selective functionalization in organic reactions, making it valuable in building complex molecules. Commonly employed in cross-coupling reactions such as Suzuki-Miyaura and Heck reactions to form biaryl compounds. Also utilized in agrochemical synthesis for creating herbicides and fungicides due to its halogenated aromatic framework. Serves as a building block in medicinal chemistry for structure-activity relationship (SAR) studies.