Used in organic electronics as a key intermediate in the synthesis of conjugated polymers and small molecules for organic semiconductors. Its structure supports electron delocalization, making it suitable for applications in organic field-effect transistors (OFETs) and organic photovoltaics (OPVs). Also employed in the development of fluorescent probes and dyes due to its photophysical properties. Shows potential in medicinal chemistry as a scaffold for kinase inhibitors, particularly in cancer research.