Used in the development of fluorescent probes for bioimaging due to its strong emission properties in the visible range. Its structure allows for selective binding to specific biomolecules, making it useful in detecting enzyme activity or cellular components in live-cell imaging. Also employed as a building block in synthesizing dyes for optical sensors and in photodynamic therapy research owing to its light-responsive characteristics. Shows potential in medicinal chemistry as a scaffold for designing inhibitors targeting sulfatase enzymes.