Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of antimalarial and antimicrobial agents. Its structure supports activity against certain enzyme targets in pathogens. Also employed in research for developing novel heterocyclic compounds with potential biological activity. Shows utility in dye chemistry due to its aromatic and hydroxyl group characteristics, contributing to light absorption and stability in colored materials. Investigated for antioxidant properties owing to the presence of phenolic hydroxyl groups.