Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) with anti-inflammatory, analgesic, and antipyretic properties. It serves as a building block in heterocyclic chemistry, enabling the construction of complex pyrazole derivatives that are valuable in medicinal research. Its carboxylic acid functionality allows for easy derivatization, such as esterification or amide formation, facilitating its incorporation into larger drug-like molecules. Also employed in agrochemical research for designing new crop protection agents due to its structural similarity to bioactive heterocycles.