This compound is primarily utilized in the field of biochemistry and molecular biology, where it serves as a potent and selective antagonist for certain receptors. It is often employed in research studies to investigate the role of specific receptor pathways in cellular processes, particularly in the context of neurological and cardiovascular systems. Its high selectivity makes it a valuable tool for understanding receptor-ligand interactions and for developing therapeutic agents targeting these pathways. Additionally, it is used in experimental settings to modulate receptor activity, aiding in the study of signal transduction mechanisms and potential drug development.