This chemical is primarily used in organic synthesis as a versatile intermediate for constructing complex molecules, particularly in pharmaceutical research. Its structure allows for selective functionalization, making it valuable in the development of drugs and bioactive compounds. It is often employed in cross-coupling reactions, such as Suzuki or Sonogashira couplings, to create diverse pyridine derivatives. These derivatives are essential in designing molecules with potential therapeutic applications, including antimicrobial, anticancer, and anti-inflammatory agents. Additionally, it serves as a building block in materials science for synthesizing advanced organic materials with specific electronic or optical properties.