Used as a key reagent in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex organic compounds, particularly in pharmaceuticals and materials science. Its anthracene moiety facilitates fluorescence studies, making it valuable in biochemical labeling and imaging applications. Also employed in the development of organic electronic devices, such as OLEDs, due to its conjugated structure. Additionally, serves as a building block in the preparation of sensors for detecting specific analytes in environmental and biological systems.