Used as an 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 derivatization, making it valuable in medicinal chemistry for constructing complex organic molecules. Commonly employed in research settings to introduce aromatic and carboxylic acid functionalities into target compounds. Also utilized in the preparation of agrochemicals and specialty chemicals where halogenated aromatic building blocks are required.