Agfa used this compound under the trade name Atomal. It would be rather unusual for a company to say that they were going to create a developer but they would first have to synthesize a new developing agent. However, this is not completely unheard of and has been done in the past to get around trademark limitations. But most developers use off the shelf chemicals. I would therefore suspect that originally there was some other use for this chemical. However, it eventually became an "orphan chemical" for which there was no other purpose except as a developing agent. At this point it was no longer economically feasible to continue producing it.
Calbe's A49 was originally the same as Agfa's Atomal. It was re-formulated and now uses one of the color developing agents as a replacement for Atomal. BTW, Agfa, rather confusingly, used the same name for the developing agent and the developer.