Used in pharmaceutical synthesis as an intermediate for developing bioactive compounds, particularly in the production of antiparasitic and antifungal agents. Shows potential in research for anticancer drugs due to its ability to interact with cellular enzymes and inhibit tumor growth. Employed in agrochemicals to enhance the efficacy of crop protection products. Also utilized in organic electronics as a building block for functional materials owing to its stable aromatic structure and electron-rich properties. Additionally, serves as an intermediate in the synthesis of fluorescent probes for laboratory assays.