This compound is primarily used in biochemical research to study its effects on cellular pathways, particularly those involving kinases. It has shown potential in inhibiting specific kinase activities, which makes it valuable for investigating cancer cell proliferation and apoptosis. Researchers utilize it to explore its role in modulating cell cycle regulation and its potential as a therapeutic agent in oncology. Additionally, it is employed in studies focusing on neurodegenerative diseases, where kinase inhibition may offer protective effects. Its application extends to drug discovery programs aimed at developing targeted therapies for various diseases.