Bisperoxovanadium(HOpic) is primarily used in biochemical research as a potent inhibitor of protein tyrosine phosphatases (PTPases). Its ability to mimic insulin signaling pathways makes it valuable for studying diabetes and insulin resistance. Researchers utilize it to investigate cellular mechanisms related to glucose metabolism and to explore potential therapeutic targets for metabolic disorders. Additionally, it is employed in studies focusing on cell signaling and phosphorylation processes, providing insights into various diseases, including cancer and neurodegenerative conditions. Its role in modulating enzyme activity also aids in understanding the regulation of cellular functions at the molecular level.