Used as a key intermediate in the synthesis of certain pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for strong binding interactions with specific enzyme targets, making it valuable in drug design for oncology. Additionally, it has been explored in the creation of fluorescent probes due to its conjugated aromatic system, useful in cellular imaging and biochemical assays. The compound’s amine functionality enables further chemical modifications, supporting its role in building complex therapeutic molecules.