Used in organic synthesis as a key intermediate for the development of pharmaceuticals and bioactive compounds. It plays a role in the creation of molecules with potential therapeutic applications, particularly in the design of drugs targeting specific enzymes or receptors. Its structure allows for further functionalization, making it valuable in medicinal chemistry research. Additionally, it is utilized in the synthesis of advanced materials, such as organic semiconductors or liquid crystals, due to its conjugated system and electron-rich properties. Its application extends to the field of fluorescence studies, where it can be incorporated into probes for imaging or sensing purposes.