Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for selective functionalization, making it valuable in creating targeted therapies. It is also employed in research settings to build complex heterocyclic systems for drug discovery. Due to its halogen substituents, it participates in cross-coupling reactions like Suzuki and Buchwald-Hartwig, enabling the formation of carbon-carbon and carbon-nitrogen bonds in medicinal chemistry.