This compound is primarily utilized in organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly in the synthesis of compounds targeting neurological and psychiatric disorders. Its structure, featuring an iodopyridine moiety, makes it valuable in cross-coupling reactions, such as Suzuki or Sonogashira couplings, which are essential for constructing complex organic frameworks. Additionally, it is explored in medicinal chemistry for its potential role in designing enzyme inhibitors or receptor modulators due to its unique chemical scaffold.