Used in pharmaceutical research as a key intermediate in the synthesis of kinase inhibitors, particularly for targeted cancer therapies. Its structure allows for selective modification, making it valuable in developing compounds that modulate biological pathways involved in tumor growth. Also employed in the preparation of functionalized heterocyclic systems for use in medicinal chemistry and drug discovery. Commonly utilized in cross-coupling reactions such as Suzuki or Buchwald-Hartwig to build complex molecules for biological screening.