Used as a key intermediate in the synthesis of advanced organic materials, particularly in the development of novel ligands for transition metal catalysts. Its unique diene-diamine structure enables strong coordination to metal centers, enhancing catalytic activity in asymmetric synthesis. It is also explored in the design of functional polymers and optoelectronic materials due to its conjugated backbone and potential for charge delocalization. Additionally, derivatives of this compound show promise in pharmaceutical research, especially in the creation of bioactive molecules targeting neurological pathways.