This compound is primarily utilized in the field of medical research, particularly in the development of targeted cancer therapies. It functions as a potent inhibitor of specific kinases involved in cell proliferation and survival pathways, making it a valuable tool for studying cancer biology and evaluating potential treatments. Researchers employ it in preclinical studies to assess its efficacy in inhibiting tumor growth and understanding its mechanism of action. Additionally, it is used in combination studies with other therapeutic agents to explore synergistic effects and improve treatment outcomes. Its application extends to the development of biomarkers for patient stratification in clinical trials, aiding in personalized medicine approaches.