Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of non-steroidal anti-inflammatory drugs (NSAIDs). It serves as a building block for pyrazole-based compounds that exhibit analgesic, antipyretic, and anti-inflammatory properties. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for optimizing drug potency and selectivity. Also employed in agrochemical research for designing bioactive molecules with pest control applications.