This compound is primarily utilized in organic synthesis and biochemical research. It serves as a key reagent in the preparation of various derivatives, particularly in the synthesis of heterocyclic compounds. Its isothiocyanate group makes it valuable for coupling reactions, often used to modify peptides, proteins, or other biomolecules for labeling or functionalization purposes. Additionally, it finds application in the development of pharmaceutical intermediates, contributing to the creation of bioactive molecules with potential therapeutic properties. Its role in crosslinking and conjugation processes is also notable in material science and polymer chemistry.