Used in organic synthesis for the development of bioactive compounds, particularly in the design of antitumor and antimicrobial agents. Shows potential in pharmaceutical research due to its phenanthrene backbone, which is known for intercalating with DNA, making it useful in studying anticancer drug mechanisms. Also employed as a fluorescent probe in analytical chemistry because of its strong emission properties under UV light, aiding in the detection of specific biomolecules. Investigated for antioxidant applications due to its hydroxyl and methoxy group arrangement, which enhances radical scavenging activity.