Used in organic synthesis as an intermediate for pharmaceutical compounds, particularly in the development of hormone modulators and anti-inflammatory agents. Shows potential in research related to estrogen receptor targeting due to structural similarity with active metabolites of certain drugs. Also explored in the design of enzyme inhibitors, especially those involving nitric oxide synthase pathways. Its hydroxyl and amidine functional groups allow for hydrogen bonding and improved solubility, beneficial in drug design for enhancing bioavailability. Currently under investigation in preclinical studies for anticancer properties, specifically in breast and prostate cancer models.