Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) with anti-inflammatory and analgesic properties. It serves as a building block in heterocyclic chemistry, enabling the construction of complex pyrazole derivatives that are valuable in medicinal research. Its ester functionality allows for easy modification, making it useful in structure-activity relationship (SAR) studies during drug discovery. Additionally, it finds application in agrochemical research for designing new crop protection agents due to the biological activity associated with pyrazole scaffolds.