Used as a selective inhibitor of protein kinase C (PKC) in biochemical and cellular studies, helping researchers investigate signal transduction pathways. Commonly applied in studies related to cell proliferation, apoptosis, and cancer development due to its ability to modulate key enzymes involved in cell regulation. It shows potential in anti-cancer research by inhibiting the growth of various cancer cells and promoting programmed cell death (apoptosis).

Also exhibits antimicrobial properties against bacteria, fungi, and some viruses, as well as anti-inflammatory effects, making it useful in pharmacological research for potential drug development.

In neuroscience, it is employed to study the role of PKC in learning, memory, and behavior. Due to its high cytotoxicity, it is not used directly in clinical medicine but remains a valuable tool in molecular biology research.

Frequently employed in fluorescence-based assays because of its natural fluorescent characteristics, allowing detection and localization within cells.