Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and other biologically active molecules. Its structure allows for selective cross-coupling reactions, making it valuable in medicinal chemistry for constructing complex aromatic systems. Commonly employed in Suzuki and Negishi coupling reactions to form carbon-carbon bonds in drug discovery pipelines. Also utilized in the preparation of receptor modulators and central nervous system agents due to its ability to mimic phenylpyridine pharmacophores.