Used as a key intermediate in the synthesis of various pharmaceuticals, particularly in the development of antifungal and antimicrobial agents. Its structure supports the formation of bioactive molecules by serving as a building block in heterocyclic chemistry. Commonly employed in the preparation of coordination compounds with metal ions, showing potential in medicinal chemistry and catalysis. Also utilized in the design of corrosion inhibitors for metals in industrial applications. Its thiol group enables functionalization for use in agrochemicals and dyes.