Used in the treatment of respiratory conditions such as asthma and chronic obstructive pulmonary disease (COPD). It functions as a dual bronchodilator by acting on both beta-2 adrenergic receptors and muscarinic receptors, helping to relax airway muscles and improve airflow. Its dual mechanism offers potential for improved symptom control compared to single-action agents. Investigated for once-daily inhalation therapy to provide sustained relief and reduce the frequency of dosing in patients with obstructive lung diseases.