Used as a key intermediate in the synthesis of bioactive molecules, particularly in pharmaceuticals targeting parasitic diseases. It serves as a building block in the development of antitrypanosomal and antileishmanial agents due to its ability to intercalate DNA and inhibit topoisomerase activity. Also employed in the design of fluorescent probes for studying nucleic acid structures, leveraging its planar aromatic framework for strong binding to DNA. Additionally, it finds use in materials science for constructing organic semiconductors and optoelectronic devices owing to its electron-transport properties and thermal stability.