Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of agrochemicals and bioactive molecules. Its functional groups allow for easy modification in multi-step organic reactions, making it valuable in medicinal chemistry for constructing nitrogen-containing heterocycles. Commonly employed in the preparation of pyrazole-based derivatives that exhibit insecticidal, herbicidal, or anti-inflammatory activities. Also utilized in research settings for building blocks in combinatorial chemistry and drug discovery.