Used in pharmaceutical research as a building block for synthesizing compounds with potential therapeutic effects. It serves as a key intermediate in the development of drugs targeting neurological disorders due to its structural similarity to bioactive molecules. In material science, it is employed in the creation of organic semiconductors and light-emitting diodes (LEDs) due to its electron-rich aromatic system. Additionally, it is utilized in organic synthesis for constructing complex heterocyclic frameworks, which are essential in agrochemicals and dyes. Its unique structure also makes it valuable in studying photophysical properties for advanced optical applications.