Used in organic synthesis as an intermediate for pharmaceuticals and fine chemicals. Shows potential in the development of bioactive compounds due to its isochromenone core, which is found in several natural products with antimicrobial and anti-inflammatory properties. Employed in research settings to design novel therapeutic agents and fluorescent probes because of its aromatic structure and stability. Also explored in materials science for optoelectronic applications owing to its conjugated system and light-emitting characteristics.