Used 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 biologically active molecules. It is also employed in research settings to develop new neuroprotective agents and anti-inflammatory drugs. Due to the presence of bromo and fluoro substituents, it serves as a versatile building block in cross-coupling reactions, facilitating the formation of complex organic molecules in drug discovery.