K-7174 is primarily explored for its potential in medical and biochemical research, particularly in the field of hematology. It has shown promise in modulating the activity of certain proteins involved in cell signaling pathways, making it a candidate for studying conditions related to blood cell production and function. Researchers are investigating its ability to influence erythropoiesis, the process of red blood cell formation, which could have implications for treating anemia and other blood disorders. Additionally, K-7174 is being studied for its role in regulating iron metabolism, offering potential therapeutic applications for diseases associated with iron imbalance. Its mechanism of action also suggests utility in understanding and targeting specific molecular pathways in various cellular processes.