Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of anti-inflammatory and analgesic drugs, as well as anti-cancer agents. It plays a role in the development of organic compounds with potential therapeutic properties. Additionally, it is utilized in research for studying naphthalene derivatives and their biological activities, including inhibition of cancer cell growth through specific binding to biological targets. Its applications extend to material science, where it contributes to the creation of advanced organic materials with specific optical or electronic properties.