Used in organic synthesis as a key building block for Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the development of complex aromatic and heteroaromatic systems. Its fused polycyclic structure makes it valuable in the preparation of organic semiconductors, fluorescent dyes, and optoelectronic materials. Commonly employed in research toward organic light-emitting diodes (OLEDs) and pharmaceutical intermediates where extended π-conjugation is required. The boronic acid group allows for mild, palladium-catalyzed coupling with aryl halides, making it suitable for late-stage functionalization in medicinal chemistry.