Used in organic synthesis as an intermediate for dyes and functional materials, particularly in the development of anthraquinone-based compounds. Serves as a building block in the preparation of fluorescent dyes and optoelectronic materials due to its conjugated aromatic structure. Also employed in research for photoredox reactions and as a precursor in the synthesis of bioactive molecules with potential pharmaceutical applications. Its bromo substituent allows for further functionalization via cross-coupling reactions, making it valuable in materials science and medicinal chemistry research.