This chemical is primarily utilized in coordination chemistry as a ligand for the synthesis of metal complexes, particularly in the development of luminescent materials. Its structure allows it to bind effectively with transition metals, making it valuable in creating catalysts for organic reactions. Additionally, it is employed in the study of photophysical properties due to its ability to form stable complexes with metals that exhibit interesting electronic and optical behaviors. It is also used in biochemical research as a probe for DNA interactions, leveraging its ability to intercalate or bind to nucleic acids. In material science, it serves as a building block for constructing supramolecular assemblies and functional materials with potential applications in sensors and light-emitting devices.