This chemical is primarily utilized in the field of organic synthesis and analytical chemistry. It serves as a key intermediate in the preparation of various acridine derivatives, which are known for their fluorescent properties. These derivatives are often employed in the development of fluorescent dyes and probes used in biological imaging and diagnostic applications. Additionally, it finds use in the synthesis of compounds with potential pharmaceutical activities, particularly in the research of antimicrobial and anticancer agents. Its unique structure allows for modifications that can enhance the biological activity of the resulting compounds.