Used primarily as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of kinase inhibitors and other biologically active molecules. Its structure supports the formation of complex heterocyclic systems important in medicinal chemistry. It is also employed in research settings for the preparation of novel pyrazole and pyrrole derivatives with potential therapeutic applications, including anti-inflammatory and anticancer agents. Due to its reactivity and functional group compatibility, it serves as a building block in multi-step organic syntheses, especially in drug discovery programs targeting central nervous system disorders and metabolic diseases.