Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of non-steroidal anti-inflammatory drugs (NSAIDs) and other bioactive molecules. Its pyrazole ring structure contributes to enhanced binding affinity and metabolic stability in drug candidates. Also employed in agrochemical formulations for crop protection agents due to its ability to modulate biological activity in plants. Additionally, it serves as a building block in the preparation of functionalized heterocyclic compounds for research in medicinal chemistry.