Carbenoxolone is primarily used in medical and therapeutic applications due to its anti-inflammatory and anti-ulcer properties. It is commonly applied in the treatment of mouth ulcers, where it helps reduce inflammation and promote healing. Additionally, it is used in the management of gastroesophageal reflux disease (GERD) by protecting the esophageal lining from acid damage. In research, carbenoxolone is studied for its potential role in modulating gap junctions, which are crucial for cell communication, making it relevant in neurological and cardiovascular studies. It is also explored for its effects on steroid metabolism and its potential therapeutic benefits in conditions like Cushing's syndrome.