Used as a key intermediate in the synthesis of complex organic compounds, particularly in pharmaceutical research. Its halogenated structure makes it valuable for creating molecules with potential biological activity. Often employed in cross-coupling reactions, such as Suzuki or Sonogashira couplings, to build diverse chemical libraries for drug discovery. Additionally, it serves as a building block in the development of agrochemicals and materials science, where its unique reactivity can be leveraged to design specialized products.