Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and anticancer agents. Its structure supports the formation of complex heterocyclic compounds that exhibit biological activity. Commonly employed in medicinal chemistry for modifying quinoline-based molecules to enhance binding affinity and selectivity toward specific enzymes and receptors. Also utilized in research settings for creating fluorescent probes due to its favorable photophysical properties. Plays a role in the preparation of agrochemicals and in materials science for designing organic semiconductors.