Used as a key intermediate in the synthesis of angiotensin II receptor antagonists, particularly in the production of antihypertensive drugs like losartan and candesartan. Its tetrazole ring mimics the carboxylic acid group in biological systems, enhancing binding affinity to the AT1 receptor. Also employed in agrochemicals for developing herbicides and plant growth regulators due to its stability and reactivity. Shows potential in coordination chemistry as a ligand for metal ions in catalytic applications.