Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of certain antihypertensive and antiviral drugs. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for building more complex molecules. Also employed in the development of agrochemicals, including pesticides and herbicides, due to its stability and reactivity. Additionally, it serves as a building block in the creation of specialty polymers and electronic materials where sulfur-containing heterocycles enhance conductivity or material durability.