Used primarily as an intermediate in organic synthesis, this compound plays a key role in the preparation of pharmaceuticals and biologically active molecules. Its hydrazine and pyrazole functionalities make it valuable for constructing nitrogen-containing heterocycles, which are common in drug development. It is particularly useful in the synthesis of kinase inhibitors and antimicrobial agents. Additionally, it serves as a building block in agrochemical research for developing new crop protection agents. The compound’s reactivity allows for easy modification and incorporation into more complex structures, enhancing its utility in medicinal chemistry and research laboratories.