Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of kinase inhibitors and other biologically active compounds. Its structure supports cross-coupling reactions, making it valuable in medicinal chemistry for constructing complex heterocyclic systems. Commonly employed in Suzuki and Negishi reactions to form carbon-carbon bonds in drug discovery pipelines. Also utilized in the preparation of organic semiconductors and materials for optoelectronic applications due to its conjugated aromatic framework.