This compound is primarily utilized in biochemical research, particularly in the study of G-protein-coupled receptors (GPCRs). It serves as a selective antagonist for these receptors, enabling researchers to investigate their signaling pathways and physiological roles. The compound is often employed in assays to understand receptor-ligand interactions and to develop potential therapeutic agents targeting GPCRs. Its application extends to pharmacological studies where it helps in elucidating the mechanisms of drug action and in the discovery of new drugs for various diseases, including neurological and cardiovascular disorders. Additionally, it is used in molecular biology experiments to manipulate and observe cellular responses, providing insights into cellular communication and function.