(1Z)-N′,3-Dihydroxypropanimidamide is primarily used in the field of organic synthesis and medicinal chemistry. It serves as a key intermediate in the preparation of various biologically active compounds, particularly those with potential therapeutic applications. The compound's structure, featuring both hydroxyl and amidine functional groups, makes it a versatile building block for the synthesis of heterocycles, which are often found in pharmaceuticals. Additionally, it is utilized in the development of chelating agents, which can bind to metal ions and are important in both industrial processes and medical treatments, such as in the removal of heavy metals from the body. Its role in the synthesis of novel materials and its potential in drug discovery highlight its significance in advancing chemical and biomedical research.