This compound is primarily utilized in research settings, particularly in the study of cancer biology and drug development. It has been investigated for its potential to inhibit specific cellular pathways involved in tumor growth and proliferation. Researchers explore its efficacy in targeting cancer cells while minimizing damage to healthy tissues, making it a candidate for anticancer drug development. Additionally, it is used in biochemical assays to understand molecular mechanisms and interactions within cells, contributing to advancements in oncology and pharmacology.