Used in organic synthesis as a fluorescent probe due to its strong emission properties under UV light. Its rigid polycyclic structure makes it suitable for studying molecular interactions in biochemical systems. Also investigated as a scaffold in the development of antitumor agents, particularly for targeting DNA in cancer cells. Shows potential in photodynamic therapy applications because of its ability to generate reactive oxygen species when exposed to light. Additionally, employed in the design of sensors for metal ion detection in environmental and biological samples.