Used as an intermediate in the synthesis of heterocyclic compounds, particularly in the preparation of thiazole and thiadiazole derivatives which exhibit biological activity. Commonly employed in pharmaceutical research for developing antimicrobial, antifungal, and anti-inflammatory agents. Also utilized in agrochemical formulations for the development of novel pesticides due to its ability to enhance bioactivity when incorporated into larger molecules. Its hydrazide functionality allows for easy derivatization, making it valuable in combinatorial chemistry and drug discovery.