Used in the synthesis of antithyroid medications to regulate thyroid hormone production. Employed in research for its potential in developing nucleoside analogs used in antiviral and anticancer therapies. Acts as a photosensitizer in photopolymerization processes due to its light-responsive properties. Investigated for use in molecular biology as a probe for studying RNA structure and function. Also utilized in the development of sensors for metal ion detection in environmental and biological samples.