This compound is primarily utilized in the field of biomedical research, particularly in targeted protein degradation studies. It functions as a selective degrader of specific proteins by recruiting them to the cellular degradation machinery, such as the ubiquitin-proteasome system. This mechanism is valuable in understanding protein function and developing potential therapeutic strategies for diseases caused by aberrant protein activity, such as cancer and neurodegenerative disorders. Its application also extends to chemical biology, where it is used to probe protein interactions and pathways, aiding in the discovery of novel drug targets.