Used primarily as an intermediate in organic synthesis, especially in the preparation of heterocyclic compounds. It plays a key role in the formation of benzodiazepines and other nitrogen-containing rings that are important in pharmaceuticals. Commonly utilized in the development of medicinal agents with potential antimicrobial, anti-inflammatory, and anticonvulsant activities. Also employed in the synthesis of hydrazones, which are studied for their biological activity and use in drug discovery. Its reactivity makes it valuable in condensation reactions and as a building block in the design of new bioactive molecules.