Widely 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 easy functionalization, making it valuable in constructing complex organic compounds. Commonly employed in cross-coupling reactions and nucleophilic substitutions due to the presence of halogen atoms. Also utilized in agrochemical research for designing new herbicides and pesticides. Preferred in medicinal chemistry for its stability and reactivity profile during multi-step syntheses.