Used as a photosensitizer in photodynamic therapy research due to its ability to generate reactive oxygen species under light irradiation. Its brominated aryl groups enhance heavy atom effect, improving singlet oxygen quantum yield.

Also employed in organic semiconductor studies for its extended π-conjugated structure, supporting charge transport in thin-film devices.

Serves as a building block in supramolecular chemistry, where the phenolic group allows further functionalization or coordination with metal ions.

Investigated in sensor applications for detecting metal cations through fluorescence quenching or color changes.

Additionally, utilized as an intermediate in photo-responsive drug delivery systems due to its stable structure and potential for modification to improve water solubility.