Widely used in pharmaceutical synthesis, this compound serves as a key building block for heterocyclic compounds, particularly in the development of biologically active molecules. Its structure supports the creation of thiophene-based scaffolds found in drugs with antimicrobial, anti-inflammatory, and anticancer properties. It is also employed in the preparation of dyes and functional materials due to its aromatic and electron-rich characteristics. In research, it acts as an intermediate in multistep reactions aiming to construct complex nitrogen-sulfur containing rings.