Used primarily in organic synthesis, it serves as a key intermediate in the production of various pharmaceuticals, particularly those targeting cardiovascular and metabolic disorders. Its role in the synthesis of guanidine derivatives makes it valuable for developing compounds with potential therapeutic effects. Additionally, it is employed in research settings to study enzyme inhibition and receptor interactions, aiding in the discovery of new drugs. Its stability and reactivity also make it suitable for use in peptide chemistry and the modification of biomolecules.