Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of non-steroidal anti-inflammatory drugs (NSAIDs) and related pyrazole-based compounds. Its structure supports the creation of biologically active molecules with analgesic, antipyretic, and anti-inflammatory properties. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies to optimize drug candidates. Also utilized in agrochemical research for designing new active ingredients in crop protection agents. Its ester functionality allows for easy modification and introduction into more complex molecular frameworks.