Used as an intermediate in the synthesis of biologically active compounds, particularly in pharmaceuticals targeting kinase inhibitors and other enzyme modulators. Its structure allows for selective functionalization in drug development, making it valuable in creating analogs for medicinal chemistry research. Commonly employed in cross-coupling reactions such as Suzuki or Buchwald-Hartwig aminations to build complex heterocyclic systems found in therapeutic agents. Also utilized in the preparation of pyrrolopyridine-based compounds with potential antiviral or anticancer properties.