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 targeting specific biological pathways. It has been explored for its ability to interact with enzymes or receptors involved in disease processes, particularly in the context of cancer research. Its indoloquinoxaline core is known for its potential antitumor and antimicrobial activities, making it a subject of interest in the synthesis of novel therapeutic agents. Additionally, it may serve as a building block in the development of fluorescent probes or imaging agents, leveraging its inherent photophysical properties for diagnostic applications.