Used as a catalyst in oxidation reactions, particularly in the selective oxidation of hydrocarbons under mild conditions. It is effective in mimicking cytochrome P450 enzyme activity, making it valuable in biomimetic catalysis. Commonly applied in the conversion of alkanes to alcohols and ketones using oxygen or peroxides as oxidants. Also employed in electrochemical sensors due to its redox activity and stability. Its robust structure allows use in both homogeneous and heterogeneous systems, including supported catalysts on solid surfaces for recyclable processes. Additionally, explored in photodynamic therapy and light-driven reactions owing to its ability to generate singlet oxygen upon irradiation.