Used as a key intermediate in the synthesis of biologically active compounds, particularly in pharmaceutical research. It serves as a building block for pyrazole-based derivatives that exhibit potential antitumor, anti-inflammatory, and antimicrobial activities. The presence of the iodo group allows for further functionalization through cross-coupling reactions, enabling the development of diverse compound libraries for drug discovery. Its tetrahydropyranyl (THP) protecting group enhances stability and solubility during synthetic transformations, making it valuable in multi-step organic syntheses.