Used as a key 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, making it valuable in building complex molecules through cross-coupling reactions. Also employed in agrochemical synthesis for creating herbicides and fungicides due to its halogenated aromatic backbone. The compound's carboxylic acid group facilitates conjugation and derivatization, enhancing its utility in medicinal chemistry and drug design.