Used as an intermediate in organic synthesis, particularly in the pharmaceutical industry. It plays a key role in the development of various bioactive molecules and drug candidates. Its structure is valuable for constructing complex compounds, especially those targeting neurological and inflammatory diseases. Additionally, it is utilized in agrochemical research for creating novel pesticides and herbicides. The compound’s reactivity makes it suitable for cross-coupling reactions, enabling the formation of carbon-carbon and carbon-heteroatom bonds in advanced chemical processes.