Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of bioactive molecules targeting central nervous system disorders. Its structure supports the formation of compounds with anticonvulsant and neuroprotective properties. Also employed in the preparation of fluorescent probes due to its favorable photophysical characteristics, making it useful in imaging and biochemical assays. Additionally, it serves as a building block in the creation of agrochemicals and specialty polymers where heterocyclic stability and halogen functionality are required.