Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of antiviral and antibacterial agents. Its hydrazine functionality allows for easy derivatization, making it valuable in constructing nitrogen-containing heterocycles. Commonly employed in the preparation of pyridine-based bioactive molecules and coordination chemistry as a ligand for metal ions in catalytic systems. Also utilized in research for developing novel hydrazone derivatives with potential anticancer and anti-inflammatory properties.