This compound is primarily utilized in biochemical research to study and inhibit the activity of Src kinase, a protein involved in various cellular signaling pathways. By blocking Src kinase, researchers can investigate its role in processes such as cell proliferation, differentiation, and survival. It is particularly valuable in cancer research, as Src kinase is often implicated in tumor growth and metastasis. Additionally, it serves as a tool for understanding the mechanisms of kinase inhibitors and their potential therapeutic applications in diseases where Src kinase is dysregulated.