Used primarily in high-performance liquid chromatography (HPLC) for labeling purposes, this compound is effective in the detection and quantification of analytes due to its unique ferrocene-based structure. It enhances the sensitivity and selectivity of HPLC methods, making it valuable in analytical chemistry for identifying and measuring low-concentration substances. Its application is particularly useful in pharmaceutical analysis, environmental testing, and biochemical research, where precise and accurate detection is crucial. The hydrazine moiety allows for specific reactions with target molecules, facilitating the creation of stable, detectable derivatives. This makes it a reliable tool for complex sample analysis.