This chemical is primarily utilized in the field of materials science and photodynamic therapy due to its unique porphyrin-based structure combined with boron-containing groups. Its application in photodynamic therapy stems from its ability to generate reactive oxygen species upon light activation, making it effective in targeting and destroying cancer cells. Additionally, its boron-functionalized design allows it to be explored in neutron capture therapy, where boron atoms can capture neutrons to produce localized radiation for cancer treatment. In materials science, it is studied for its potential in organic electronics, such as organic light-emitting diodes (OLEDs) and solar cells, owing to its tunable optical and electronic properties. The compound’s ability to form stable complexes with metals also makes it a candidate for catalytic applications and sensor development.