Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals. Its hydrazine and tetrazole functional groups make it valuable in constructing complex molecules, particularly in the development of drugs targeting cardiovascular diseases and hypertension. Additionally, it is employed in the synthesis of heterocyclic compounds, which are crucial in medicinal chemistry for their bioactivity. The compound's reactivity also allows it to be utilized in the preparation of agrochemicals, contributing to the development of new pesticides and herbicides. Its role in research extends to the study of enzyme inhibition and receptor binding, aiding in the discovery of novel therapeutic agents.