Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of agrochemicals and active pharmaceutical ingredients (APIs). Its halogenated structure allows for selective cross-coupling reactions, making it valuable in building complex molecules through palladium-catalyzed reactions like Suzuki or Buchwald-Hartwig aminations. Commonly employed in the creation of herbicides and fungicides due to its ability to enhance bioavailability and stability in final products. Also utilized in research settings for designing novel compounds with targeted biological activity.