Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in medicinal chemistry due to its ability to form hydrogen bonds and engage in π-π stacking interactions, enhancing binding affinity to target proteins. Also employed in the preparation of fluorescent probes and optoelectronic materials owing to its rigid aromatic structure and electron-donating properties. Its bromine functionality allows for further functionalization via cross-coupling reactions, making it valuable in combinatorial chemistry and drug discovery research.