Used as an intermediate in organic synthesis, particularly in pharmaceutical and agrochemical manufacturing. Its iodinated aromatic structure makes it suitable for cross-coupling reactions, such as Suzuki or Heck reactions, enabling the construction of complex molecules. Commonly employed in the development of bioactive compounds, including potential drug candidates and functional materials. Also utilized in research settings for labeling or tracing due to the presence of iodine, which can aid in detection or radiolabeling applications.