Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anti-inflammatory and analgesic agents. Its hydrazone structure allows for strong hydrogen bonding and metal chelation, making it valuable in designing bioactive molecules. Also employed in dye chemistry due to its conjugated system, contributing to vivid coloration in azo dyes. Shows potential in medicinal chemistry for anticancer research due to observed activity against certain tumor cell lines. Additionally, utilized in analytical chemistry as a reagent for detecting specific metal ions because of its selective color change upon complexation.