Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) active agents. Its structure serves as a scaffold for dopamine and serotonin receptor ligands, making it valuable in research on neurological disorders such as Parkinson’s disease, depression, and schizophrenia. Also employed in the preparation of selective enzyme inhibitors and in medicinal chemistry for structure-activity relationship (SAR) studies. Its halogenated aromatic ring allows for further functionalization via cross-coupling reactions, enhancing its utility in drug discovery.