Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and other biologically active molecules. Its structure allows for selective functionalization, making it valuable in medicinal chemistry for creating targeted drug candidates. Commonly employed in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig, to build complex heterocyclic systems found in modern therapeutics. Also utilized in agrochemical research for designing novel pesticides and herbicides due to its electron-withdrawing properties and stability.