Used as an intermediate in pharmaceutical synthesis, particularly in the preparation of kinase inhibitors and other biologically active compounds. Its iodine functionality allows for further modification via cross-coupling reactions such as Suzuki or Heck couplings, enabling the construction of complex heterocyclic systems. Commonly employed in research settings for the development of novel drug candidates targeting cancer and inflammatory diseases. Also utilized in agrochemical research for designing new active ingredients requiring tailored heteroaromatic structures.