Used primarily in research settings for its ability to stimulate melanin production, the compound has been explored for potential use in treating skin conditions such as erythropoietic protoporphyria, where it may help increase skin resistance to UV radiation. It has also been investigated for its role in sexual dysfunction due to its effect on melanocortin receptors linked to sexual arousal. However, it is not approved for medical use in most countries and is often associated with unregulated markets, leading to safety concerns. Research applications focus on understanding peptide behavior, pigmentation pathways, and neuroendocrine function.