Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of compounds with biological activity. Its structure serves as a building block in heterocyclic chemistry, enabling the creation of more complex molecules for drug discovery. Commonly employed in research settings to design new bioactive agents, especially those targeting central nervous system disorders and inflammatory conditions. Also utilized in the preparation of fluorescent probes and organic semiconductors due to its aromatic and electron-rich nature.