Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of drugs targeting central nervous system disorders. Its structure allows for modification to enhance bioavailability and binding affinity to specific receptors. Commonly employed in the preparation of selective enzyme inhibitors and receptor modulators. Also utilized in agrochemical research for developing new pesticidal agents due to its sulfur-containing moiety, which can contribute to biological activity. Suitable for use in cross-coupling reactions and other transformations in medicinal chemistry workflows.