Used in research as a potent and selective inhibitor of certain kinases involved in cell signaling pathways, particularly in studies related to cancer and inflammatory diseases. Shows promise in preclinical models for modulating tumor growth and cellular proliferation due to its ability to cross cell membranes and interact with intracellular targets. Also employed as a biochemical tool to study serotonin receptor interactions and neurochemical pathways, owing to structural similarity to tryptamine-based compounds. Its ester groups enhance solubility and bioavailability in in vitro assays, making it suitable for cell-based studies.