NS19504 is primarily researched for its potential therapeutic applications in the treatment of neurological disorders. It acts as a positive allosteric modulator of certain ion channels, which play a crucial role in neuronal signaling. This makes it a candidate for addressing conditions like epilepsy, chronic pain, and anxiety, where modulation of neuronal excitability is beneficial. Additionally, its properties are being explored for their neuroprotective effects, which could be valuable in managing neurodegenerative diseases such as Alzheimer's or Parkinson's. Research is ongoing to further understand its efficacy and safety profile in these contexts.