bpV(phen) trihydrate is widely used in biochemical and pharmacological research due to its role as a potent and selective inhibitor of protein tyrosine phosphatases (PTPases). It is particularly valuable in studies focused on understanding cellular signaling pathways, as PTPases play a critical role in regulating processes such as cell growth, differentiation, and apoptosis. Researchers utilize this compound to investigate the mechanisms of insulin signaling, making it relevant in diabetes research. Additionally, it is employed in cancer studies to explore the inhibition of PTPases in tumor cells, potentially uncovering new therapeutic strategies. Its application extends to neuroscience, where it helps in studying the role of PTPases in neuronal development and function. Overall, bpV(phen) trihydrate serves as a key tool in elucidating the complex roles of PTPases in various biological systems.