Used in organic semiconductor materials due to its extended π-conjugated structure, enhancing electron transport in thin-film transistors.

Applied in fluorescence-based sensors for detecting metal ions like Cu²⁺ and Hg²⁺ in environmental and biological samples.

Serves as a key intermediate in synthesizing antitumor agents, particularly in developing kinase inhibitors.

Explored in photodynamic therapy research for its ability to generate reactive oxygen species under light exposure.

Incorporated into dye-sensitized solar cells as a sensitizer to improve light absorption and energy conversion efficiency.