Used in organic synthesis as an intermediate for pharmaceuticals and bioactive compounds. Its structure supports the development of nitrogen-containing heterocycles, which are common in drug discovery. Commonly employed in cross-coupling reactions, such as Suzuki or Heck reactions, to build complex molecules for medicinal chemistry research. Also utilized in the synthesis of kinase inhibitors and other therapeutic agents targeting cancer and inflammatory diseases. Shows utility in creating fluorescent probes for biochemical imaging due to its favorable photophysical properties.