Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals, this compound plays a key role in introducing trifluoromethylthio groups into organic molecules. The trifluoromethylthio moiety is highly valued in medicinal chemistry due to its strong electron-withdrawing properties and high lipophilicity, which can improve the metabolic stability and membrane permeability of drug candidates. It is particularly useful in the development of bioactive molecules where enhanced pharmacokinetic profiles are required. Additionally, it serves as a building block in the creation of novel sulfanyl-containing compounds for research in pesticide design and functional materials.