Used in organic synthesis as an intermediate for pharmaceuticals and fine chemicals. The iodo group allows for coupling reactions, such as Suzuki or Heck reactions, enabling the construction of complex aromatic systems. Commonly employed in the development of bioactive molecules, including potential drug candidates and agrochemicals. Also utilized in the synthesis of natural products where methoxy-substituted aromatic rings are present. Its reactivity makes it valuable in forming carbon-carbon bonds in research and industrial settings.