Used in organic semiconductor materials due to its extended π-conjugated structure, this compound serves as a building block in the synthesis of fluorescent dyes and optoelectronic devices. Its bromoaryl group allows for further functionalization via cross-coupling reactions, making it valuable in the development of organic light-emitting diodes (OLEDs) and sensor molecules. Additionally, it has been explored in medicinal chemistry as a scaffold for designing bioactive molecules with potential antitumor and antimicrobial properties.