Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of kinase inhibitors and other biologically active compounds. It serves as a building block in organic synthesis, especially in cross-coupling reactions such as Suzuki-Miyaura coupling, due to the presence of the pyridine ring and aryl group. Its derivatives are explored in materials science for use in organic light-emitting diodes (OLEDs) and other electronic devices because of favorable photophysical properties. Also employed in the preparation of ligands for catalytic processes in asymmetric synthesis.