Used in organic light-emitting diodes (OLEDs) as an electron-transport material due to its good thermal stability and electron mobility. Commonly employed in the design of blue-emitting devices where it acts as a host matrix for phosphorescent dopants. Also utilized in the synthesis of pharmaceuticals and agrochemicals as a building block for more complex heterocyclic systems. Shows potential in materials science for developing fluorescent sensors and optoelectronic devices.