This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various heterocyclic compounds. Its structure is particularly useful in the development of thiosemicarbazide derivatives, which are known for their potential biological activities. These derivatives are often explored for their antimicrobial, antifungal, and anticancer properties, making them valuable in pharmaceutical research. Additionally, it is employed in the synthesis of coordination complexes with metals, which can be studied for their catalytic or material science applications. Its role in creating novel compounds with potential therapeutic effects highlights its significance in medicinal chemistry.