This compound is primarily utilized in organic synthesis as a versatile building block for the preparation of various heterocyclic compounds. It serves as a key intermediate in the development of pharmaceuticals, particularly in the synthesis of biologically active molecules such as inhibitors and receptor antagonists. Its hydrazine moiety enables it to participate in condensation reactions, forming hydrazones and other derivatives that are valuable in medicinal chemistry. Additionally, it is employed in the preparation of dyes and pigments due to its ability to form stable aromatic structures. Its methylsulfonyl group enhances its reactivity and solubility, making it suitable for use in diverse chemical transformations.