Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of sulfur-containing bioactive compounds. Its structure supports the creation of thioether derivatives with potential antimicrobial or anti-inflammatory properties. Also employed in research for designing novel organic molecules where a methylthio-functionalized aromatic backbone is required. Shows utility in coordination chemistry as a ligand for metal ions due to the presence of carboxylic acid and hydroxyl groups.