Used as a key reagent in organic synthesis, particularly in photoredox catalysis and radical reactions. It serves as a source of benzofuran radicals, enabling the construction of complex heterocyclic frameworks found in pharmaceuticals and functional materials. Its role as a radical precursor makes it valuable in cross-coupling reactions under mild conditions, supporting the development of drug candidates and agrochemicals. Also employed in materials science for synthesizing conjugated systems with optoelectronic properties.