This compound is primarily utilized in the field of medicinal chemistry and drug development due to its structural properties, which make it a potential candidate for various therapeutic applications. Its thioxanthenone core is often associated with biological activity, particularly in targeting specific enzymes or receptors. Researchers explore its use in designing inhibitors or modulators for diseases related to cellular signaling pathways. Additionally, its hydroxymethyl and piperidinyl groups enhance its solubility and bioavailability, making it suitable for further optimization in pharmaceutical formulations. It is also studied for its potential in photodynamic therapy, where its structure could be leveraged for light-activated treatments.