Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of anti-inflammatory and analgesic drugs. Its structure supports the formation of pyrazole-based compounds known for biological activity. Commonly employed in medicinal chemistry for constructing heterocyclic frameworks that modulate enzyme activity, especially in COX and LOX inhibitor research. Also utilized in agrochemicals for designing bioactive molecules with pest control properties. Its amino and ester functional groups allow easy modification for creating derivative libraries in drug discovery.