This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of drugs targeting cardiovascular diseases. It serves as a key precursor in the production of guanidine derivatives, which are known for their antihypertensive properties. Additionally, it finds application in organic chemistry research as a reagent for studying reaction mechanisms involving guanidine-based compounds. Its role in the preparation of biologically active molecules makes it valuable in medicinal chemistry and drug discovery processes.