Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of compounds with biological activity. Its functional groups—amino, methoxy, and thiol—allow for diverse chemical modifications, making it valuable in creating heterocyclic compounds. Commonly employed in the preparation of dyes and functional materials where sulfur and nitrogen atoms contribute to electronic or optical properties. Also utilized in research for developing sensors or ligands in coordination chemistry due to the thiol group’s affinity for metal ions.