Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antibacterial and antiviral agents. Its structure supports the formation of nitrogen-containing heterocyclic compounds, which are common in bioactive molecules. Also employed in coordination chemistry as a ligand for metal ions, aiding in the design of catalysts for organic transformations. Shows potential in materials science for developing fluorescent probes due to its rigid aromatic framework and electron-donating properties.