Used primarily in pharmaceutical research and development, it serves as a key intermediate in the synthesis of various bioactive compounds. Its structure is particularly valuable in the creation of molecules with potential therapeutic effects, such as anti-cancer or anti-inflammatory agents. Additionally, it is employed in organic synthesis to develop complex heterocyclic compounds, which are essential in drug discovery and material science. Its halogenated structure also makes it useful in cross-coupling reactions, facilitating the construction of diverse chemical libraries for screening purposes.