Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of drugs targeting central nervous system disorders. Its structure allows for the creation of molecules with specific biological activities, making it valuable in medicinal chemistry. Additionally, it serves as a building block in agrochemical research for designing novel pesticides and herbicides. The compound's unique halogen and methoxy substitutions enhance its reactivity, enabling precise modifications in organic synthesis. It is also employed in material science for the development of organic electronic materials, contributing to advancements in optoelectronics and conductive polymers.