Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other bioactive molecules. The fluorine and iodine substituents enable selective functionalization and enhance target binding, making it valuable in medicinal chemistry for creating compounds with high specificity. Commonly employed in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig, to build complex heterocyclic systems found in drug candidates. Also utilized in agrochemical research for designing novel active ingredients with improved efficacy and environmental profiles.