Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other biologically active compounds. Its structure allows for selective functionalization, making it valuable in creating targeted drug candidates for cancer and inflammatory diseases. Also employed in agrochemical research for designing novel pesticides and herbicides due to its ability to enhance binding affinity with biological targets. Commonly utilized in medicinal chemistry for structure-activity relationship (SAR) studies, where the bromo and chloro substituents enable further cross-coupling reactions like Suzuki or Buchwald-Hartwig aminations.