Used as a photosensitizer in photodynamic therapy research due to its ability to generate reactive oxygen species under light exposure. Employed in the development of sensors for metal ion detection, especially for transition and heavy metals, because of its strong fluorescence and color changes upon binding. Applied in catalysis studies, particularly in mimicking enzymatic reactions like oxidation processes. Investigated in dye-sensitized solar cells for its light-harvesting properties. Also utilized as a fluorescent probe in biochemical and environmental analysis.