Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of benzodiazepine derivatives which have anxiolytic, anticonvulsant, and sedative properties. It serves as a building block in organic synthesis where the amine and hydroxyl functional groups allow for selective chemical modifications. Commonly employed in research settings to develop new bioactive molecules and in the preparation of fluorescent probes due to its aromatic amine structure. Also utilized in the development of agrochemicals and specialty polymers requiring specific polarity and reactivity.