Used primarily in research settings as a fluorescent probe due to its strong emission properties under UV light. Its structure allows for interaction with nucleic acids, making it useful in studying DNA and RNA conformation in biochemical assays. Also investigated for potential antioxidant activity in cellular models, where it may help mitigate oxidative stress. Shows limited solubility in water but performs well in organic solvent-based systems for imaging applications. Not used in commercial or industrial products due to stability concerns and lack of large-scale toxicity data.