Used as an intermediate in the synthesis of complex organic compounds, particularly in pharmaceutical research. It plays a role in the development of potential drug candidates, especially in the creation of molecules with biological activity. Its structure is valuable in medicinal chemistry for designing compounds that target specific enzymes or receptors. Additionally, it is utilized in material science for the preparation of organic materials with unique electronic or optical properties. Its furan and quinoline moieties make it a versatile building block in heterocyclic chemistry.