This compound is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of biologically active molecules. Its structure, featuring both chloro and iodo substituents, makes it a versatile building block for the development of pharmaceutical agents, particularly in the design of kinase inhibitors. These inhibitors play a critical role in targeting specific enzymes involved in various disease pathways, such as cancer and inflammatory disorders. Additionally, the sulfonyl group enhances the compound's reactivity, facilitating its incorporation into more complex structures. Researchers often employ it in cross-coupling reactions to create novel compounds with potential therapeutic applications. Its use is particularly prominent in the discovery and optimization of drug candidates during early-stage research and development.