This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceutical agents. Its structure is particularly valuable in the development of compounds with potential biological activity, such as anti-inflammatory and anticancer agents. Researchers leverage its phthalazinone core to design and synthesize novel molecules that can interact with specific biological targets. Additionally, it finds application in material science, where it is used to develop advanced organic materials with unique electronic or photophysical properties. Its versatility in forming complex structures makes it a valuable tool in both medicinal chemistry and materials research.