Used in pharmaceutical research, it serves as a key intermediate in the synthesis of various bioactive compounds, particularly those targeting central nervous system disorders. Its hydrazine moiety enables it to participate in the formation of hydrazone linkages, which are valuable in drug design and development. Additionally, it is employed in the preparation of heterocyclic compounds with potential therapeutic applications, such as antitumor and antimicrobial agents. In medicinal chemistry, it is often utilized to modify molecular structures to enhance drug efficacy and specificity.