Used primarily in organic synthesis as an intermediate for producing various pharmaceuticals and agrochemicals. It plays a role in the development of compounds with potential therapeutic properties, such as anti-inflammatory and antimicrobial agents. Additionally, it is utilized in research for studying sulfoxide chemistry and its applications in asymmetric synthesis, where it acts as a chiral auxiliary or ligand in catalytic processes. Its properties make it valuable in the preparation of complex molecules for drug discovery and material science.