Used primarily in the treatment of gallstones, particularly those composed of cholesterol. It works by dissolving the cholesterol, making the stones smaller and easier to pass. Additionally, it is employed in the management of cerebrotendinous xanthomatosis, a rare genetic disorder, by reducing the accumulation of cholestanol and cholesterol in tissues. It also finds application in certain liver diseases to improve bile flow and reduce toxicity. In research, it is utilized to study bile acid metabolism and its role in digestive health.