This compound is primarily utilized in the field of organic synthesis, where it serves as a versatile intermediate for the preparation of various heterocyclic compounds. Its structure, featuring both a tetrazole ring and a thiol group, makes it valuable in the development of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) that require tetrazole or thiol functionalities. Additionally, it is employed in the creation of ligands for metal coordination chemistry, aiding in the study of catalytic processes and material science. Its unique properties also make it useful in the design of biologically active molecules, including potential drug candidates targeting specific enzymes or receptors.