Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for selective modification, making it valuable in creating targeted therapies. Commonly employed in cross-coupling reactions such as Suzuki or Buchwald-Hartwig to build complex molecules in drug discovery. Also utilized in the preparation of bioactive molecules with antiviral and anti-inflammatory properties. Preferred in medicinal chemistry due to its reactivity and stability in multi-step synthetic routes.