Used in organic synthesis as a reagent for the preparation of hydrazine derivatives, which are valuable intermediates in the production of pharmaceuticals and agrochemicals. It plays a role in the synthesis of compounds with potential biological activity, such as antitumor and antimicrobial agents. Additionally, it is utilized in the development of heterocyclic compounds, which are important in medicinal chemistry for designing drugs with specific therapeutic effects. Its application extends to research laboratories for exploring new chemical reactions and pathways in synthetic chemistry.