Used in pharmaceutical research as a key intermediate in the synthesis of kinase inhibitors, particularly for anticancer agents. Its structure allows for selective modification, making it valuable in developing compounds that target specific signaling pathways in tumor cells. Also employed in the creation of novel heterocyclic compounds for drug discovery due to its reactivity in cross-coupling reactions. Shows promise in the development of antiviral and anti-inflammatory agents through derivatization at the bromo and chloro positions.