Used in pharmaceuticals as a core structure for developing bioactive compounds, particularly in anxiolytic, sedative, and antiepileptic agents. Serves as a building block in medicinal chemistry due to its favorable pharmacokinetic properties, structural stability, and ease of modification, enabling the design of new drugs with high specificity and low side effects. Applied in the synthesis of kinase inhibitors and receptor modulators for treating neurological disorders and cancer. Also utilized in agrochemicals for designing new pesticides with improved efficacy and selectivity. Furthermore, employed in photochemistry research and the development of luminescent materials due to its photoluminescent properties when excited by energy.