Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors and other biologically active compounds. Its iodine functionality allows for further modification through cross-coupling reactions, making it valuable in medicinal chemistry for building complex molecules. Commonly employed in research settings to introduce the dimethylpyrazole scaffold into larger structures with potential anti-inflammatory, anticancer, or antimicrobial activity. Also utilized in agrochemical research for designing novel pesticides and herbicides due to its stability and reactivity profile.