Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various biologically active molecules. It is particularly valuable in the creation of pyrimidine derivatives, which are often explored for their potential therapeutic properties, including anticancer and antiviral activities. Additionally, it plays a role in the development of agrochemicals, where it contributes to the design of novel pesticides and herbicides. Its reactivity with hydrazine makes it a useful building block in organic synthesis, enabling the construction of complex heterocyclic structures.