Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. It is particularly valuable in the development of heterocyclic compounds, which are essential in drug discovery and pesticide formulation. Its reactive hydrazine group enables it to participate in condensation reactions, forming hydrazones and other derivatives that are useful in medicinal chemistry. Additionally, it plays a role in the synthesis of dyes and pigments due to its ability to form stable aromatic structures. Its bromo and chloro substituents enhance its reactivity, making it a versatile building block in complex organic transformations.