Used in organic synthesis as a building block for creating complex molecules, particularly in pharmaceuticals and agrochemicals. It serves as an intermediate in the production of active ingredients for drugs, including antiviral and antifungal agents. Additionally, it is employed in the development of herbicides and pesticides due to its structural properties that enhance target specificity. Its halogenated structure makes it valuable in cross-coupling reactions, such as Suzuki and Buchwald-Hartwig reactions, which are crucial in medicinal chemistry.