Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and anti-inflammatory agents. Its structure supports the formation of biologically active molecules, making it valuable in medicinal chemistry research. Commonly employed in the preparation of pyrazole-based compounds that exhibit potential therapeutic effects, including anticancer and antimicrobial activities. Also utilized in agrochemical research for developing new crop protection agents due to its favorable reactivity and functional group compatibility.