This chemical is primarily utilized in organic synthesis as a versatile building block for the creation of more complex molecules. It is often employed in the preparation of heterocyclic compounds, which are crucial in the development of pharmaceuticals and agrochemicals. The amino and thioester functional groups make it a valuable intermediate in peptide coupling reactions and the synthesis of thioamides. Additionally, it is used in the production of specialized polymers and resins, where its reactivity contributes to the formation of unique material properties. Its role in medicinal chemistry is notable, particularly in the design of drug candidates targeting various diseases.