Used in organic synthesis for developing bioactive compounds, particularly in the preparation of hydrazone derivatives with potential antimicrobial and antitumor properties. Commonly employed in medicinal chemistry research to design inhibitors targeting enzymes like carbonic anhydrase and cholinesterase. Also utilized as a precursor in the synthesis of fluorescent dyes and optical brighteners due to its strong electron-donating structure. Shows application in coordination chemistry as a ligand for transition metal complexes, aiding in catalysis and sensor development.