Used primarily in research settings as a structural analog for polycyclic aromatic hydrocarbon (PAH) studies, this compound serves as a model for examining hydrocarbon stability and aromatic ring interactions. It is also employed in the synthesis of advanced organic materials, where its rigid backbone supports the development of liquid crystals and optoelectronic compounds. Due to its substituted phenanthrene core, it aids in investigating steric effects on molecular conformation and reactivity in medicinal chemistry pathways. Limited industrial use exists due to low natural abundance and complex synthesis, making it more valuable in academic and pharmaceutical research.