What is the significance of the Henderson-Hasselbalch equation?

The significance of the Henderson-Hasselbalch equation lies in its ability to: – Predict the pH of a solution containing a weak acid and its conjugate base, or a weak base and its conjugate acid. – Aid in the preparation of buffer solutions with specific pH values, which is essential in experimental and clinical settings. – Provide insight into the acid-base behavior of compounds, facilitating the understanding of biochemical processes and drug formulation.