Used 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 heterocyclic systems found in bioactive molecules. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies due to the presence of reactive bromo and iodo sites that facilitate functionalization. Also utilized in the preparation of potent antiviral and anti-inflammatory agents through palladium-catalyzed coupling reactions.