Used primarily as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its halogenated structure allows for selective cross-coupling reactions, enabling efficient construction of complex molecules in medicinal chemistry. It is also employed in research settings to design and optimize new bioactive compounds targeting neurological and inflammatory disorders. Due to the presence of both bromo and iodo substituents, it offers versatile reactivity in palladium-catalyzed reactions such as Suzuki and Heck couplings, making it valuable in drug discovery and development.