Primarily used in biochemical research, this compound serves as a potent and selective inhibitor of protein kinase C (PKC). It is widely applied in studies to understand PKC-mediated signaling pathways, which are crucial in cellular processes like proliferation, differentiation, and apoptosis. Researchers utilize it to investigate the role of PKC in various diseases, including cancer, cardiovascular disorders, and neurological conditions. Additionally, it aids in exploring potential therapeutic targets by modulating PKC activity in experimental models. Its application extends to drug discovery, where it helps in screening and developing new PKC inhibitors for clinical use.