Primarily utilized in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its hydrazine group makes it valuable for constructing heterocyclic compounds, which are often found in drugs targeting diseases like cancer and infections. Additionally, the bromine atom allows for further functionalization through cross-coupling reactions, enabling the development of complex molecules. It is also employed in research for designing and synthesizing novel chemical entities with potential biological activities.