Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs with anti-inflammatory and analgesic properties. It serves as a building block in heterocyclic chemistry, enabling the construction of complex molecules due to its reactive thiol group and stable isoxazole ring. Its derivatives are explored in medicinal chemistry for potential activity in central nervous system disorders. Also utilized in agrochemical research for designing bioactive molecules with improved selectivity and metabolic stability.