The synthesis by electropolymerization, the characterization, and applications of poly(neutral red) (PNR), including as a redox mediator, are reviewed. PNRs high electrical conductivity and its redox characteristics have led to special applications of the polymer, and it has been used for the development of electrochemical and optical sensors. Moreover, the attractive properties of PNR allow it to be applied in the development of electrochemical biosensors. Future perspectives are indicated.