Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) with anti-inflammatory and analgesic properties. It serves as a building block in heterocyclic chemistry, enabling the construction of complex pyrazole derivatives. Its ester and carboxylic acid functional groups allow for further chemical modifications, making it valuable in medicinal chemistry for optimizing drug candidates. Also employed in agrochemical research for designing new crop protection agents due to its structural compatibility with bioactive molecules.