Used in organic synthesis as a building block for creating more complex molecules. It is particularly valuable in the development of pharmaceuticals and agrochemicals. The compound is often employed in the preparation of biologically active molecules, such as inhibitors or modulators of enzymes and receptors. Its reactivity with amines and other nucleophiles makes it useful in the formation of thiourea derivatives, which have applications in medicinal chemistry. Additionally, it can be utilized in the synthesis of fluorescent dyes and probes for biochemical research.