Used in organic electronics, particularly in the development of organic light-emitting diodes (OLEDs), organic thin-film transistors (OTFTs), and organic solar cells due to its strong luminescent properties and ability to facilitate efficient charge transport. Its rigid, planar structure enhances thermal stability and promotes π-π stacking, which is beneficial for high-performance semiconductor applications.

Also investigated as a potential scaffold in medicinal chemistry for anticancer agents, leveraging its structural similarity to known DNA-intercalating compounds and potential to inhibit enzymes such as topoisomerase involved in DNA replication.