Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors for cancer treatment. Its structure allows for strong hydrogen bonding and π-π stacking interactions, making it valuable in designing bioactive molecules. Also employed in the preparation of fluorescent probes due to its electron-rich aromatic core, useful in biochemical imaging and diagnostic applications. Additionally, it serves as a building block in coordination chemistry for constructing metal-organic frameworks (MOFs) with potential use in catalysis and gas sensing.