Propylthiouracil (PTU) is an antithyroid medication used to treat hyperthyroidism, particularly in conditions like Graves' disease. It works by inhibiting the synthesis of thyroid hormones, which helps to lower elevated hormone levels in the body, leading to improved symptoms and control of the disease. Its mechanism of action is significant because it can also block the conversion of T4 to T3, making it effective in managing thyroid storm and preparing patients for surgery.