Used in organic synthesis for creating complex molecules, particularly in the development of pharmaceuticals and advanced materials. It serves as a key intermediate in the production of compounds with potential therapeutic properties, such as anti-inflammatory and anticancer agents. Its structure allows for versatile chemical modifications, making it valuable in research for designing new drugs. Additionally, it is utilized in materials science for developing organic semiconductors and light-emitting materials, contributing to advancements in electronic devices and optoelectronics.