Used in research as a fluorescent probe for studying amyloid aggregates in neurodegenerative diseases such as Alzheimer's. Its structure allows selective binding to beta-amyloid plaques, making it useful in imaging and diagnostic applications. The compound’s fluorescence properties enable visualization in brain tissue, both in vitro and in vivo. Also investigated for potential use in positron emission tomography (PET) when labeled with radioactive isotopes. Shows good blood-brain barrier penetration, which is critical for central nervous system targeting. Currently not used therapeutically but serves as a valuable tool in neuroscience and drug development.