Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of antitubercular and antimicrobial agents. Its structure supports the formation of bioactive heterocyclic derivatives, making it valuable in medicinal chemistry research. It is also employed in the preparation of ligands for metal-catalyzed reactions, aiding in the advancement of synthetic methodologies. Additionally, it finds use in the design of enzyme inhibitors due to its ability to interact with active sites through hydrogen bonding and sulfur coordination.