Used primarily in organic synthesis, this compound serves as a key intermediate in the development of photoactive materials and fluorescent dyes. Its rigid anthracene-based structure enhances electronic properties, making it valuable in the design of organic semiconductors and optoelectronic devices. It is also employed in the preparation of functional polymers and sensors due to its ability to undergo controlled polymerization and light-responsive behavior. Additionally, its amine functionality allows for easy modification in medicinal chemistry for creating novel bioactive molecules.