Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of antitubercular and antifungal agents. Its structure mimics natural heterocyclic compounds, making it valuable in medicinal chemistry for designing bioactive molecules. Also employed in coordination chemistry as a ligand for metal ions, forming stable complexes with potential applications in catalysis and material science. Additionally, it finds use in the preparation of functional polymers and supramolecular architectures due to its ability to participate in hydrogen bonding and π-π stacking interactions.