This compound is primarily utilized in research settings, particularly in the study of cellular signaling pathways. It acts as a potent and selective inhibitor of certain kinases, which are enzymes that play a critical role in regulating cell functions. By inhibiting these kinases, it helps researchers understand their role in disease processes, especially in cancer. It is often employed in laboratory experiments to investigate the mechanisms of tumor growth and to explore potential therapeutic strategies targeting specific kinase activity. Its application is largely confined to preclinical studies, contributing to the development of targeted cancer therapies.