Used as a fluorescent probe in biological studies to detect and analyze nucleic acids due to its strong binding affinity with DNA and RNA. Applied in the development of chemotherapeutic agents for its potential to intercalate with DNA, inhibiting cancer cell growth. Utilized in organic synthesis as a building block for creating complex molecules with potential pharmaceutical applications. Also employed in material science for designing luminescent materials and sensors. Its hydrate form ensures stability and solubility in aqueous solutions, making it suitable for various experimental and industrial processes.