Used as a fluorescent probe in biochemical and cellular studies due to its strong fluorescence properties. It is particularly effective in labeling and tracking biomolecules, enabling researchers to visualize and study cellular processes in real-time. Applied in the development of biosensors for detecting specific enzymes or analytes, leveraging its sensitivity to environmental changes. Also utilized in photodynamic therapy research, where its ability to absorb and emit light is harnessed for targeted therapeutic applications. Additionally, serves as a key intermediate in the synthesis of more complex fluorescent dyes and organic compounds.