Used in organic semiconductor materials due to its extended π-conjugated structure, this compound serves as a key intermediate in the synthesis of fluorescent dyes and optoelectronic devices. Its rigid aromatic framework enhances electron delocalization, making it suitable for applications in OLEDs and sensor technologies. Additionally, it acts as a ligand in metal-organic frameworks (MOFs) for catalytic and sensing applications. The carboxylic acid and amide functional groups allow for further chemical modification, enabling use in bioconjugation and pharmaceutical research.