Used in research as a potential antitumor agent due to its ability to induce apoptosis in cancer cells. Shows inhibitory activity against specific kinase enzymes involved in cell proliferation. Also investigated for its anti-inflammatory properties in preclinical studies. Serves as a key intermediate in the synthesis of hydrazone-based dyes and fluorescent probes for biochemical imaging. Demonstrates moderate antimicrobial activity against certain bacterial and fungal strains, making it a candidate for development in medicinal chemistry.