Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals. Its halogen substituents allow for selective cross-coupling reactions, making it valuable in the development of active ingredients in crop protection products. Also employed in the preparation of functionalized pyridine derivatives for use in medicinal chemistry, particularly in the creation of kinase inhibitors and other biologically active compounds. The presence of iodine facilitates further functionalization via metal-catalyzed reactions, enhancing its utility in research and process chemistry.