Used as an intermediate in the synthesis of heterocyclic compounds, particularly in the development of pharmaceuticals. It plays a key role in the preparation of triazole and pyrazole derivatives, which exhibit biological activities such as antimicrobial, antifungal, and anticancer properties. Its hydrazine functionality allows for coupling reactions in the production of dyes and agrochemicals. Also utilized in research for designing novel bioactive molecules due to its reactivity and structural features.