Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of biologically active compounds. Its structure supports the creation of heterocyclic derivatives with potential antimicrobial, antifungal, and anti-inflammatory properties. Commonly employed in cross-coupling reactions such as Suzuki or Heck reactions to build complex molecules for drug discovery. Also utilized in the preparation of fluorescent dyes and optoelectronic materials due to the electron-withdrawing nature and halogen positioning that enhance photophysical characteristics.