AR420626 is primarily utilized in research and development within the pharmaceutical industry. It is often studied for its potential therapeutic effects, particularly in targeting specific biological pathways or receptors. Researchers explore its efficacy in preclinical models to assess its suitability for treating various medical conditions. Additionally, it may be used in biochemical assays to understand its mechanism of action and interactions with cellular components. The compound’s application is largely confined to laboratory settings, where it contributes to advancing drug discovery and development efforts.