This chemical is primarily utilized in the field of biochemistry and molecular biology as a potent and selective inhibitor. It targets specific enzymes involved in cellular signaling pathways, making it a valuable tool for research into cellular processes and disease mechanisms. Its application is particularly significant in studies focusing on cancer research, where it helps to understand the role of certain kinases in tumor growth and progression. Additionally, it is used in pharmacological studies to explore potential therapeutic strategies by modulating enzyme activity. The compound's ability to selectively inhibit enzymes also aids in the development of targeted therapies, offering a pathway to more effective and less toxic treatment options for various diseases.