Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) where pyrazole derivatives exhibit biological activity. Its structure supports use in heterocyclic chemistry for creating compounds with potential anti-inflammatory, antimicrobial, or central nervous system effects. The lithium salt form enhances solubility and reactivity, making it suitable for coupling reactions and further functionalization in drug discovery processes. Also applied in research settings for designing novel organic molecules with targeted therapeutic properties.