This compound is primarily utilized in the field of organic synthesis, where it serves as a versatile intermediate for the development of more complex chemical structures. Its unique combination of halogen and methoxy groups makes it particularly valuable in the synthesis of pharmaceuticals, enabling the creation of compounds with potential therapeutic properties. Additionally, it is employed in the preparation of agrochemicals, contributing to the development of new pesticides or herbicides. The compound’s reactivity also allows it to be used in cross-coupling reactions, which are essential in constructing diverse organic molecules for research and industrial applications. Its role in medicinal chemistry is notable, as it aids in the discovery and optimization of drug candidates targeting various diseases.