Used as a key intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in the development of nicotinic receptor modulators. Its iodinated structure makes it valuable in cross-coupling reactions, such as Suzuki or Heck reactions, enabling the construction of complex heterocyclic systems. Commonly employed in medicinal chemistry for derivatization to explore bioactive molecules targeting neurological disorders. Also applied in the preparation of dyes and functional materials due to its aromatic and amino functionalities.