Used in the synthesis of advanced organic materials, particularly in the development of polycyclic aromatic compounds for electronic applications such as organic semiconductors and OLEDs. Acts as a building block in the preparation of ligands for catalytic systems, enhancing selectivity and efficiency in cross-coupling reactions. Also explored in the design of fluorescent probes and sensors due to its rigid, planar structure and favorable photophysical properties. Shows potential in pharmaceutical research as an intermediate for bioactive molecules targeting neurological and inflammatory conditions.