Used in pharmaceutical synthesis as a key intermediate for developing bioactive molecules, particularly in the production of kinase inhibitors and antiviral agents. Its structure supports functionalization at multiple sites, making it valuable in medicinal chemistry for constructing nitrogen-containing heterocycles. Commonly employed in cross-coupling reactions and amination processes to build complex drug candidates. Also utilized in the development of radiolabeled compounds for imaging studies due to the presence of iodine, enabling applications in PET or SPECT imaging probes.