This compound is widely utilized in the pharmaceutical industry as a key intermediate in the synthesis of various bioactive molecules. Its structure is particularly valuable in the development of drugs targeting specific enzymes or receptors, often contributing to the creation of compounds with potential anticancer, antiviral, or anti-inflammatory properties. Additionally, it serves as a building block in organic chemistry research, enabling the construction of complex heterocyclic frameworks. Its application extends to material science, where it is used in the design of organic electronic materials, such as semiconductors or light-emitting diodes, due to its electron-rich aromatic system.