Used in the synthesis of heterocyclic compounds for pharmaceutical applications, particularly in the development of antimicrobial and antifungal agents. It serves as a key intermediate in creating thiadiazole-based drug candidates due to its reactive amino and carboxylic acid functional groups. Also employed in coordination chemistry as a ligand for metal ions, aiding in the formation of complexes with potential biological activity. Additionally, finds use in material science for designing corrosion inhibitors and in the preparation of functionalized polymers.