Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nonsteroidal anti-inflammatory drugs (NSAIDs) and other bioactive molecules. Its structure allows for selective functionalization, making it valuable in constructing complex organic compounds. Commonly employed in cross-coupling reactions and carbonyl derivatizations to form esters and amides for drug discovery research. Also utilized in agrochemical synthesis for creating herbicides and fungicides due to its halogenated aromatic framework, which enhances biological activity and stability.