Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of antitubercular and antimicrobial agents. It serves as a key building block in the preparation of heterocyclic derivatives such as oxadiazoles and triazoles, which exhibit biological activity. Also employed in agrochemical research for designing novel plant protection agents. Its hydrazide functionality allows for easy derivatization, making it valuable in medicinal chemistry for structure-activity relationship studies.