Used primarily in organic synthesis, this compound serves as a key intermediate in the preparation of various heterocyclic compounds. It is particularly valuable in the development of pharmaceuticals, where it aids in the synthesis of active pharmaceutical ingredients (APIs) with potential therapeutic applications. Additionally, it is employed in the creation of agrochemicals, contributing to the production of pesticides and herbicides. Its hydrazine moiety makes it useful in coupling reactions, enabling the formation of complex molecular structures. Researchers also utilize it in the study of biochemical pathways and the development of novel chemical entities for drug discovery.