Used primarily as a versatile oxidizing agent in organic synthesis, this compound facilitates the oxidation of various functional groups, including sulfides to sulfoxides and sulfones, and imines to hydroxylamines. Its application extends to the stereoselective oxidation of chiral molecules, making it valuable in the production of pharmaceuticals and fine chemicals. Additionally, it is employed in the synthesis of complex organic molecules, where mild and selective oxidation is required. Its unique reactivity profile allows for transformations under relatively mild conditions, minimizing unwanted side reactions.