Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of antitubercular and antimicrobial agents. Its hydrazine functionality allows for the formation of various heterocyclic compounds, such as triazoles and oxadiazoles, which are common scaffolds in drug design. Also employed in the preparation of dyes and functional materials due to its ability to undergo condensation reactions with carbonyl compounds. Shows potential in coordination chemistry as a ligand for metal ions, useful in catalysis or sensor development.