Used in pharmaceutical research as a key intermediate in the synthesis of kinase inhibitors, particularly for targeting protein kinases involved in cancer cell proliferation. Shows potential in developing antitumor agents due to its ability to enhance binding affinity and selectivity in drug molecules. Also employed in the design of fluorescent probes for cellular imaging, leveraging its strong photostability and emission properties in biological systems. Investigated for use in metal-organic frameworks (MOFs) as a ligand to improve catalytic activity in organic transformations.