Used in organic synthesis as a key intermediate for pharmaceuticals and agrochemicals. Serves as a building block in the preparation of heterocyclic compounds with potential biological activity. Commonly employed in the development of nitrogen-rich scaffolds for drug discovery, particularly in the design of compounds targeting enzyme inhibition. Also utilized in coordination chemistry as a ligand for metal complexes with catalytic or material science applications. Shows utility in the synthesis of fluorescent dyes and sensors due to its electron-donating properties and structural rigidity.