Used as an intermediate in organic synthesis, particularly in the pharmaceutical industry for constructing heterocyclic compounds. It plays a role in the preparation of bioactive molecules and drug candidates due to its reactive functional groups. Commonly employed in the development of thiophene-containing derivatives, which show potential in medicinal chemistry for antimicrobial, anti-inflammatory, and anticancer activities. Also utilized in agrochemical synthesis for creating novel pesticide agents. Its versatility in coupling reactions makes it valuable in research laboratories for building complex molecular frameworks.