Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) agents and antidepressants. Its structure allows for selective modification in drug design, making it valuable in creating bioactive molecules with enhanced binding affinity. Commonly employed in the preparation of serotonin and dopamine receptor modulators. Also utilized in agrochemical research for developing novel active ingredients due to its halogenated aromatic backbone, which can improve metabolic stability and target specificity.