Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of antifungal and anticonvulsant agents. It also serves as a building block in agrochemicals for creating herbicides and insecticides due to its ability to enhance bioactivity and metabolic stability. The compound's structure supports coordination with metal ions, making it useful in catalysis and material science applications. Additionally, it has been explored in research for its potential in developing novel organic semiconductors.