This compound is primarily utilized in the field of pharmaceutical research and development, particularly in the synthesis of chiral molecules. Its structure, featuring a benzamido group and a thioacetic acid moiety, makes it a valuable intermediate in the creation of enantiomerically pure compounds. It is often employed in the design of prodrugs or active pharmaceutical ingredients (APIs) where stereochemistry plays a critical role in biological activity. Additionally, its thioester functionality can be leveraged in bioconjugation techniques, enabling the attachment of drug molecules to targeting agents or carriers for improved drug delivery systems. The compound’s chiral center also makes it useful in asymmetric synthesis, aiding in the production of optically active substances for therapeutic applications.