This compound is primarily used in research settings, particularly in the study of cellular signaling pathways. It is known to inhibit specific kinases, making it a valuable tool for understanding the role of these enzymes in various biological processes. Researchers utilize it to explore its effects on cell proliferation, differentiation, and apoptosis, which can provide insights into diseases like cancer. Additionally, it is employed in preclinical studies to evaluate its potential as a therapeutic agent, particularly in targeting kinase-related disorders. Its application is largely confined to laboratory experiments and is not yet widely used in clinical or industrial contexts.