Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of non-steroidal anti-inflammatory drugs (NSAIDs) and selective COX-2 inhibitors. Its structure supports the creation of bioactive molecules due to the presence of the pyrazole ring, which is known for its pharmacological activity. Also employed in agrochemical research for designing new pesticides and herbicides, leveraging its stability and reactivity in cross-coupling reactions. Commonly utilized in medicinal chemistry for structure-activity relationship (SAR) studies to optimize drug candidates.