This chemical is primarily utilized in the field of medicinal chemistry and pharmacology due to its role as a selective antagonist for specific biological targets. It is often employed in research studies to investigate the modulation of receptor activity, particularly in the context of neurological and cardiovascular systems. Its unique structure allows it to interact with specific proteins or enzymes, making it a valuable tool for understanding signaling pathways and developing potential therapeutic agents. Additionally, it is used in the synthesis of more complex molecules for drug discovery, aiding in the optimization of pharmacological properties such as potency, selectivity, and bioavailability.