Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of agrochemicals and active pharmaceutical ingredients (APIs). Its structure allows for selective functionalization, making it valuable in creating compounds with biological activity. Commonly employed in cross-coupling reactions such as Suzuki or Buchwald-Hartwig aminations to build complex molecules. Also utilized in the production of herbicides and insecticides due to its ability to enhance target specificity and metabolic stability in crop protection agents.