Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of kinase inhibitors for cancer treatment. Exhibits utility in medicinal chemistry for constructing pyrazole-based bioactive molecules with anti-inflammatory and antitumor activities. Also employed in research settings to design compounds targeting central nervous system disorders due to its ability to cross the blood-brain barrier. Serves as a building block in agrochemicals for creating novel pesticides with improved selectivity and reduced environmental impact.