Used primarily in organic synthesis, this compound serves as a key intermediate in the production of complex organic molecules. It is particularly valuable in the development of fluorescent dyes and pigments due to its benzofluorenone core, which imparts unique optical properties. Additionally, it finds applications in materials science for creating organic semiconductors and photoconductive materials. Its bromine atom allows for further functionalization, making it a versatile building block in pharmaceutical research for designing bioactive compounds.