Used primarily 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 modification, making it valuable in creating targeted therapies. It is also employed in research settings to develop new bioactive molecules with potential antitumor and anti-inflammatory properties. Due to the presence of reactive halogen groups, it serves as a building block in cross-coupling reactions, facilitating the construction of complex heterocyclic systems in drug discovery.