Used in pharmaceutical research as a key intermediate in the synthesis of biologically active compounds, particularly in the development of antiviral and anticancer agents. Its structure supports binding to specific enzyme targets, making it valuable in designing inhibitors for kinase and reverse transcriptase enzymes. Also explored in agrochemicals for developing novel pesticides due to its ability to interact with biological receptors in pests. Shows potential in materials science for creating organic semiconductors owing to its conjugated aromatic system and hydrogen bonding capability.