Used in organic synthesis as a building block for more complex molecules, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of compounds with potential biological activity, such as antiviral or antibacterial agents. Its structure is also valuable in material science for creating organic semiconductors and conductive polymers, which are essential in electronic devices like OLEDs and sensors. Additionally, it is employed in research to study heterocyclic chemistry and to design novel chemical entities for various industrial applications.