Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive molecules. Its structure allows for selective functionalization, making it valuable in creating pyrazole-based compounds with insecticidal, fungicidal, or anti-inflammatory properties. Commonly employed in cross-coupling reactions such as Suzuki or Heck reactions to build complex heterocyclic systems. Also utilized in medicinal chemistry for the design of kinase inhibitors and other targeted therapies.