Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) with biological activity. Its structure allows for functionalization in heterocyclic chemistry, making it valuable in creating compounds for antiviral and anticancer research. Also employed in agrochemicals for the production of herbicides and pesticides due to its reactivity and stability in various chemical transformations. Commonly utilized in cross-coupling reactions to build complex molecules in medicinal chemistry.