Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and antiviral agents. Its structure allows for selective functionalization, making it valuable in constructing complex heterocyclic compounds for drug discovery. Commonly employed in cross-coupling reactions such as Suzuki or Buchwald-Hartwig aminations to build biaryl or arylamine frameworks found in bioactive molecules. Also utilized in agrochemical research for designing novel pesticides and herbicides with improved efficacy and selectivity.