Used in the synthesis of dyes and pigments, it imparts vibrant colors to textiles and materials. In pharmaceuticals, it serves as a key intermediate in the development of drugs, particularly those targeting cancer and infectious diseases, due to its antimicrobial and anti-tumor properties. Its fluorescence properties make it valuable in biochemical research, where it is used as a probe for studying DNA and RNA interactions and cellular processes. Additionally, it finds application in organic light-emitting diodes (OLEDs) due to its ability to emit light efficiently, and in medical imaging and disease diagnosis.