Used in the development of advanced materials, particularly in the creation of photopolymerizable systems. Its diacetylene group allows it to undergo polymerization upon exposure to UV light, making it valuable for producing stable and ordered thin films. These films are utilized in sensors, optical devices, and coatings due to their ability to change color or properties in response to external stimuli like heat or mechanical stress. Additionally, it is studied for its potential in biomedical applications, such as drug delivery systems or tissue engineering scaffolds, owing to its biocompatibility and structural versatility.