Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It plays a role in the development of compounds with potential biological activity, such as inhibitors or modulators for specific enzymes or receptors. Additionally, it is utilized in material science for the preparation of organic electronic materials, including light-emitting diodes (LEDs) and other optoelectronic devices. Its structure allows for further functionalization, making it valuable in creating complex molecules for research and industrial applications.