Yes, THYMOL is a Scrabble word!

Letter values in Scrabble US: T 1, H 4, Y 4, M 3, O 1, L 1.

Is it a valid word?

THYMOL is a valid word in the official Scrabble dictionary (US), the UK Scrabble Dictionary and Words with Friends (ENABLE).

a colorless crystalline solid used in perfume or preserving biological specimens or in embalming or medically as a fungicide or antiseptic

Also: thyme camphor, thymic acid.