Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other biologically active compounds. Its hydrazine functionality allows for easy derivatization, making it valuable in constructing heterocyclic systems found in drug candidates. Commonly employed in medicinal chemistry for building blocks in antitumor, antiviral, and anti-inflammatory agents. Also utilized in agrochemical research for designing novel pesticides and herbicides due to its ability to enhance binding selectivity in target molecules.