This compound is primarily used in research settings to study the roles of MMP-2 and MMP-9 enzymes in various biological processes. It is particularly valuable in investigating their involvement in tissue remodeling, cancer metastasis, and inflammatory diseases. By inhibiting these matrix metalloproteinases, researchers can better understand their mechanisms and develop potential therapeutic strategies for conditions like arthritis, cardiovascular diseases, and tumor progression. Additionally, it serves as a tool in drug discovery efforts aimed at targeting MMP-related pathways.