Used in pharmaceutical research as a key intermediate in the synthesis of kinase inhibitors, particularly for targeting protein kinases involved in cancer cell proliferation. Shows potential in developing treatments for oncological disorders due to its ability to selectively modify enzyme activity. Also employed in medicinal chemistry for structure-activity relationship (SAR) studies to optimize drug candidates. Its iodinated structure allows for further functionalization via cross-coupling reactions, making it valuable in creating diverse compound libraries for biological screening.