Used as a key intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in the development of active ingredients for crop protection agents. Its structure enables selective reactivity in coupling reactions, making it valuable in building complex heterocyclic systems. Commonly employed in medicinal chemistry for constructing pyrazole-based drug candidates with potential antiviral, anti-inflammatory, or kinase inhibitory activity. Also utilized in research settings for the preparation of fluorinated analogs to study metabolic stability and bioavailability.