Used in pharmaceutical research as a key intermediate for synthesizing biologically active compounds, particularly in the development of kinase inhibitors and anti-inflammatory agents. Its structure supports binding to enzyme active sites, making it valuable in drug discovery. Also employed in the preparation of pyrazole-containing derivatives with potential antitumor and antimicrobial properties. Commonly utilized in medicinal chemistry for structure-activity relationship (SAR) studies due to its ability to enhance metabolic stability and solubility in lead compounds.