Used as an intermediate in organic synthesis, particularly in the preparation of heterocyclic compounds. It plays a role in the development of pharmaceuticals due to its hydrazide functionality, which can undergo condensation reactions to form azoles and other bioactive structures. Commonly employed in the synthesis of anti-tubercular agents, as it serves as a building block for hydrazide-based drugs. Also utilized in the preparation of dyes and functional materials where hydrazine derivatives are required. Its amide and hydrazide groups allow for multiple modification pathways, making it valuable in medicinal chemistry research.