BMS-262084 is primarily utilized in research settings as a selective inhibitor of the enzyme cyclooxygenase-2 (COX-2). Its application is significant in the study of inflammatory processes, as COX-2 plays a crucial role in the production of prostaglandins that mediate inflammation and pain. By inhibiting this enzyme, BMS-262084 helps researchers understand the pathways involved in inflammation and develop potential therapeutic agents for conditions like arthritis and other inflammatory diseases. Additionally, it is used in pharmacological studies to explore the effects of COX-2 inhibition on various cellular and physiological processes, providing insights into the development of safer and more effective anti-inflammatory drugs.