Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in reactions where selective functionalization of aromatic rings is required. Its combination of fluorine, iodine, and nitro groups allows for sequential cross-coupling reactions, making it valuable in the development of complex organic molecules. Commonly employed in the preparation of active ingredients in crop protection agents and in medicinal chemistry for building blocks of drug candidates. The electron-withdrawing nitro and fluoro groups enhance reactivity in nucleophilic aromatic substitution, while the iodo group facilitates palladium-catalyzed coupling reactions such as Suzuki or Heck reactions.