Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of histamine H2 receptor antagonists and anti-ulcer agents. Its structure supports activity in modulating gastric acid secretion, making it valuable in treating gastrointestinal disorders such as peptic ulcers and gastroesophageal reflux disease (GERD). Also employed in research for developing novel bioactive molecules with potential antiviral and anticancer properties due to its ability to interact with various enzyme systems and receptors in biological environments.