Used as a fluorescent probe in biochemical assays due to its strong emission properties under UV light. Employed in the study of enzyme activity, particularly in detecting esterase and oxidase functions in cellular environments. Serves as a scaffold in the synthesis of flavonoid-based pharmaceuticals with potential anti-inflammatory, antioxidant, and anti-cancer effects. Applied in photophysical research for developing organic light-emitting materials. Also utilized in environmental chemistry to monitor pollutant degradation through fluorescence quenching studies. Additionally, studied for potential in treating neurological disorders like Alzheimer's due to its ability to partially cross the blood-brain barrier.