N-0861 racemate is primarily utilized in research settings to study its effects on adenosine receptors. It acts as an antagonist, particularly targeting the A1 subtype, which helps in understanding the role of these receptors in various physiological processes. This compound is often employed in experimental models to investigate cardiovascular functions, as adenosine receptors play a significant role in regulating heart rate and blood flow. Additionally, it is used in neurological studies to explore its potential impact on conditions like epilepsy or neurodegenerative diseases, where adenosine signaling is implicated. Its application extends to pharmacological research, aiding in the development of new therapeutic agents targeting adenosine pathways.