Used in organic synthesis as an intermediate for pharmaceuticals and bioactive compounds. Serves as a building block in the development of xanthine-derived drugs, particularly in the design of kinase inhibitors and anticancer agents. Also investigated for its potential in materials science due to sulfur-containing heterocyclic structure, which can enhance electron transfer properties in certain conductive or photoactive materials. Shows limited but notable solubility behavior useful in formulation studies for drug delivery systems.