Used primarily as a synthetic intermediate in organic chemistry, this compound plays a role in the development of pharmaceuticals, particularly in the synthesis of bioactive molecules that modulate central nervous system activity. Its structure allows for the introduction of aromatic and sulfur-containing functional groups, which are valuable in designing compounds with specific receptor binding properties. It has also been explored in the preparation of analogs for research related to metabolic pathways and enzyme inhibition. Due to its functional groups, it serves as a building block in the creation of more complex molecules for medicinal and agricultural applications.