This compound is primarily utilized in the field of pharmacology as a beta-blocker. It works by blocking the effects of adrenaline on the heart, which helps in reducing heart rate and blood pressure, making it effective in treating conditions like hypertension and certain types of heart arrhythmias. Additionally, it is used in the management of angina pectoris, where it helps to decrease the heart's demand for oxygen by lowering the heart rate and the force of heart muscle contractions. Its application extends to the prevention of migraine headaches, where it helps in reducing the frequency and severity of episodes. The compound's ability to modulate adrenergic activity makes it a valuable therapeutic agent in cardiovascular medicine.