Used as a key intermediate in the synthesis of organic semiconductors and optoelectronic materials. Its structure supports conjugation and electron delocalization, making it valuable in the development of organic light-emitting diodes (OLEDs) and thin-film transistors. Also employed in the preparation of fluorescent dyes and probes due to its strong emission properties in the visible range. Shows potential in medicinal chemistry as a scaffold for inhibitors targeting specific enzymes, particularly in anti-inflammatory and anticancer research. Its ability to chelate metals is exploited in catalysis and sensor design.