Used primarily in the synthesis of pharmaceuticals, particularly in the development of compounds with potential therapeutic effects. It serves as a key intermediate in the production of drugs targeting central nervous system disorders, including anticonvulsants and antipsychotics. Additionally, it is employed in the creation of ligands for metal complexes in catalytic processes, enhancing efficiency in organic synthesis. Its derivatives are also explored in material science for the development of organic semiconductors and light-emitting diodes (LEDs).