This chemical is primarily utilized in the field of organic synthesis, particularly in the development of novel phosphole-based compounds. Its unique structure, featuring an anthracene moiety, makes it a valuable intermediate in the creation of organic semiconductors and light-emitting materials. The compound is often employed in the synthesis of phosphorescent materials for use in organic light-emitting diodes (OLEDs) due to its ability to enhance electron transport and emission properties. Additionally, it serves as a key building block in the design of advanced catalysts for asymmetric synthesis, leveraging its chiral centers to induce stereoselectivity in chemical reactions. Researchers also explore its potential in the development of fluorescent probes for biological imaging, where the anthracene component provides strong fluorescence properties.