Used as an intermediate in the synthesis of heterocyclic compounds, such as pyrazoles and isoxazoles, particularly in the preparation of pharmaceuticals (e.g., anti-inflammatory and antimicrobial agents) and agrochemicals. Its aldehyde functional groups allow for condensation reactions, making it valuable in forming nitrogen- and oxygen-containing rings. Commonly employed in the development of dyes and fluorescent probes due to its conjugated structure. Also utilized in research for constructing complex organic molecules through multi-step organic transformations.