Used as a photosensitizer in organic synthesis, particularly in photochemical reactions that require visible light activation. It plays a key role in the development of photoredox catalysts, enabling efficient electron transfer processes under mild conditions. This compound is also employed in the preparation of functional materials for optoelectronic devices due to its strong light absorption and stability. Additionally, it serves as a reagent in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals, where selective bond formation under light irradiation is required.