Used primarily as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of nitric oxide-releasing prodrugs. Its structure allows for controlled delivery of nitric oxide, a molecule involved in vasodilation and cardiovascular regulation. This makes it valuable in research focused on heart disease, hypertension, and anti-thrombotic therapies. Additionally, it has been explored in polymer chemistry to impart bioactive properties to medical coatings and drug-eluting materials.