Used as a fluorescent probe in biological imaging due to its strong emission upon binding to proteins or lipid membranes. Exhibits enhanced fluorescence in hydrophobic environments, making it suitable for studying protein aggregation and amyloid formation. Also applied in the development of sensors for metal ions and small biomolecules. Shows potential in photodynamic therapy research owing to its light-induced reactivity and ability to generate reactive oxygen species. Employed in material science for designing luminescent materials and optoelectronic devices.