This compound is primarily utilized in the synthesis of pharmaceuticals, particularly in the development of drugs targeting microbial infections. Its structure is valuable in creating derivatives that exhibit antibacterial and antifungal properties. Additionally, it serves as a key intermediate in organic synthesis, aiding in the construction of complex molecules for medicinal chemistry. Its application extends to research in biochemistry, where it is used to study enzyme inhibition and protein interactions due to its unique thiazolidine-thione moiety.