Used primarily in the pharmaceutical industry as a precursor in the synthesis of various therapeutic agents. It plays a role in the development of drugs targeting cardiovascular diseases due to its nitric ester group, which can release nitric oxide, a molecule known for its vasodilatory effects. Additionally, it is utilized in research to study the biochemical pathways involving nitric oxide and its impact on cellular signaling. Its application extends to the development of anti-inflammatory and antimicrobial agents, leveraging its unique chemical structure to enhance drug efficacy and stability.