Used in the synthesis of pharmaceuticals, particularly in the development of antiviral and anticancer drugs. It serves as a key intermediate in the production of compounds that target specific enzymes or cellular processes. Additionally, it is employed in the creation of organic materials, such as polymers and dyes, due to its ability to form stable structures. In research, it is utilized to study molecular interactions and design new chemical entities with potential therapeutic applications. Its role in coordination chemistry is also notable, as it can act as a ligand to form complexes with metal ions, useful in catalysis and material science.