This compound is primarily utilized in the field of organic synthesis and pharmaceutical research due to its unique structural properties. It serves as a key intermediate in the development of various therapeutic agents, particularly those targeting bacterial and fungal infections. Its quinolinol core structure makes it effective in chelating metal ions, which is beneficial in creating antimicrobial compounds. Additionally, it is explored for its potential in designing drugs that inhibit specific enzymes or pathways involved in disease progression. Its versatility also extends to material science, where it is used in the synthesis of complex molecules for advanced applications.