Used in pharmaceutical research as a key intermediate in the synthesis of bioactive compounds, particularly kinase inhibitors with potential anticancer properties. It serves as a building block for developing molecules that modulate cellular signaling pathways. Its hydrazide group allows for easy derivatization, enabling the formation of Schiff bases and other functionalized derivatives used in drug discovery. Also explored in the design of anti-inflammatory and antimicrobial agents due to its ability to interact with biological targets through hydrogen bonding and aromatic interactions.