Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of anti-inflammatory and analgesic agents. It plays a role in the production of certain pyrazole-based drugs that modulate enzyme activity, such as cyclooxygenase (COX) inhibitors. Its structure supports derivatization for use in medicinal chemistry, enabling the creation of compounds with improved bioavailability and target specificity. Also explored in agrochemical research for developing bioactive molecules with potential pesticidal or herbicidal activity.