Used primarily as an intermediate in organic synthesis, especially in the pharmaceutical and agrochemical industries. It serves as a building block for sulfur-containing compounds due to the presence of both bromine and protected thiol functionalities. The acetate group acts as a protecting group for the thiol, allowing selective deprotection and further functionalization in multi-step reactions. Commonly employed in the preparation of bioactive molecules, including certain drug candidates and flavor/fragrance compounds, where controlled release of the thiol group is required. Its reactivity makes it valuable in forming carbon-sulfur bonds under mild conditions.