Used as a key intermediate in the synthesis of fluorescent dyes and optical brighteners due to its ability to enhance light emission in the UV-visible range. Employed in the development of organic semiconductors for OLEDs, where it contributes to electron transport properties. Also applied in coordination chemistry as a ligand for metal ions in sensors and catalytic systems. Shows potential in pharmaceutical research for designing antimicrobial and anti-inflammatory agents owing to its heterocyclic stability and bioactivity.