This chemical is primarily utilized in the pharmaceutical and biochemical research fields. It serves as a key intermediate in the synthesis of various biologically active compounds, particularly those targeting enzyme inhibition. Its imidazole and hydrazide functional groups make it valuable in designing molecules with potential antifungal, antibacterial, and anticancer properties. Additionally, it is explored in the development of novel therapeutic agents due to its ability to interact with specific cellular targets. In research, it is often used to study structure-activity relationships to optimize drug efficacy and selectivity.