Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of compounds with biological activity. It serves as a building block in the preparation of fluorescent dyes and optical brighteners due to its rigid aromatic structure and ability to emit light under UV radiation. Also employed in research for developing new materials in organic electronics, such as OLEDs, where its electron-transport properties are valuable. Its bromine functionality allows for further chemical modifications via cross-coupling reactions, making it useful in medicinal chemistry for creating diverse compound libraries.