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 further functionalization, making it valuable in medicinal chemistry for constructing nitrogen-containing heterocycles. Commonly employed in cross-coupling reactions, such as Suzuki or Heck reactions, to form carbon-carbon bonds in drug discovery pipelines. Also utilized in the preparation of agrochemicals and functional materials due to its reactivity and ability to serve as a building block in complex molecule assembly.