Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its ability to form stable heterocyclic structures that interact with biological targets. Commonly employed in the preparation of selective protein kinase C (PKC) modulators and other signaling pathway inhibitors. Its bromine substituents allow for further functionalization via cross-coupling reactions, making it valuable in structure-activity relationship (SAR) studies during drug discovery. Also utilized in agrochemical research for designing novel bioactive molecules with pesticidal or fungicidal properties.