Used primarily as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its halogenated structure allows for selective cross-coupling reactions, enabling the construction of complex molecules in medicinal chemistry. It is also employed in research settings to design and optimize new bioactive agents targeting inflammatory and neurodegenerative diseases. Due to the presence of both bromo and iodo functional groups, it offers versatile reactivity in palladium-catalyzed reactions such as Suzuki and Heck couplings, making it valuable in drug discovery and development workflows.