Used as an intermediate in the synthesis of pharmaceutical compounds, particularly in the development of anti-inflammatory and analgesic agents. It serves as a building block in heterocyclic chemistry, enabling the construction of more complex pyrazole derivatives with potential biological activity. Commonly employed in medicinal chemistry research for structure-activity relationship studies. Also utilized in the preparation of kinase inhibitors and central nervous system-active drugs. Its ester functionality allows for easy modification, making it valuable in combinatorial chemistry and drug discovery pipelines.