Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated organic compounds where the thiol group enables conjugation or acts as a directing group in metal-catalyzed reactions. Its fluorinated aromatic structure enhances metabolic stability and cell membrane permeability in drug candidates, making it valuable in medicinal chemistry. Also employed in the preparation of ligands for catalysis and in materials science for surface functionalization of gold nanoparticles due to the strong gold-sulfur interaction.