Used primarily as an intermediate in organic synthesis, this compound plays a key role in the preparation of pharmaceuticals and agrochemicals. It serves as a building block for hydrazine derivatives, which are important in the development of active ingredients in certain drugs and crop protection agents. Its reactivity makes it suitable for use in ring-forming reactions and the construction of nitrogen-containing heterocycles. Due to its hydrazine core, it also finds use in specialized research settings for developing novel compounds with potential biological activity. Handling requires caution due to its instability and potential toxicity.