This compound is primarily utilized in research settings to study the function and regulation of calcium channels in various biological systems. It acts as an agonist, meaning it activates these channels, leading to an influx of calcium ions into cells. This property makes it valuable for investigating calcium signaling pathways, which are crucial in processes such as muscle contraction, neurotransmitter release, and cell proliferation. Additionally, it is employed in pharmacological studies to explore potential therapeutic targets for conditions like cardiovascular diseases, neurological disorders, and certain types of cancer, where calcium channel activity plays a significant role. Its application also extends to cellular imaging and electrophysiological experiments to better understand calcium dynamics in live cells.