Used primarily in research settings, this compound is studied for its potential in targeted drug delivery systems, particularly in cancer therapy. Its structure allows it to act as a modulator in various biochemical pathways, making it a candidate for developing treatments for inflammatory diseases and certain types of cancers. Researchers are exploring its efficacy in inhibiting angiogenesis, which is crucial for tumor growth. Additionally, it is being investigated for its role in enhancing the bioavailability of other therapeutic agents, potentially improving treatment outcomes in complex diseases.