Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of beta-alanine derivatives and other biologically active compounds. It serves in the development of drugs targeting neurological and cardiovascular conditions due to its ability to act as a building block for heterocyclic structures. Also employed in agrochemical formulations for enhancing the stability and reactivity of active ingredients. Its amino-imino tautomerism makes it valuable in coordination chemistry for designing metal-organic frameworks and catalysts.