WAY-600 is primarily utilized in research settings to study its effects on cellular signaling pathways, particularly those involving kinase activity. It has been investigated for its potential role in modulating specific biological processes, such as cell proliferation and differentiation. Researchers often employ WAY-600 to explore its impact on diseases where kinase pathways are dysregulated, including certain cancers and inflammatory conditions. Its application is largely confined to preclinical studies, where it serves as a tool to better understand molecular mechanisms and to identify potential therapeutic targets.