Used in pharmaceutical research as a key intermediate for developing anti-inflammatory and anticancer agents. Shows potential in inhibiting specific enzymes involved in tumor growth and inflammation pathways. Also explored for use in central nervous system drug candidates due to its ability to cross the blood-brain barrier. Employed in structure-activity relationship (SAR) studies to optimize pyrazole-based bioactive molecules. Its conjugated structure makes it suitable for use in fluorescence-based assays and molecular imaging probes.