This compound is primarily utilized in organic synthesis as an intermediate for the production of various pharmaceuticals and specialty chemicals. Its structure, featuring both a benzoylthio group and a carboxylic acid, makes it suitable for reactions involving thioester formation or as a building block in the synthesis of more complex molecules. It is often employed in the development of compounds with potential biological activity, particularly in medicinal chemistry research. Additionally, its reactivity can be leveraged in the design of prodrugs or drug delivery systems, where controlled release or targeted action is required. The compound’s versatility also extends to its use in the preparation of polymers or materials with specific functional properties, such as those requiring sulfur-containing moieties.