This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its unique structure, featuring multiple halogen substituents, makes it a valuable building block for constructing complex molecules, particularly in the development of active pharmaceutical ingredients (APIs).

In pharmaceutical research, it is often employed in the synthesis of heterocyclic compounds, which are essential in the creation of drugs targeting a range of therapeutic areas, including anti-inflammatory, antiviral, and anticancer agents. The presence of iodine in the molecule also makes it a useful precursor for radiopharmaceuticals, where it can be incorporated into compounds used in medical imaging and diagnostics.

Additionally, its halogen-rich structure makes it a candidate for use in the development of agrochemicals, such as herbicides and pesticides, where the halogens contribute to the biological activity of the final product. Its role in these applications underscores its importance in advancing both medical and agricultural sciences.